Lyft (LYFT) Lags Q3 Earnings and Revenue Estimates

Core Insights - Lyft reported quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.30 per share, and down from $0.29 per share a year ago, representing an earnings surprise of -13.33% [1] - The company's revenues for the quarter ended September 2025 were $1.69 billion, which also missed the Zacks Consensus Estimate by 0.85%, compared to $1.52 billion in the same quarter last year [2] - Lyft has only surpassed consensus EPS estimates once in the last four quarters and has not beaten consensus revenue estimates during the same period [2] Financial Performance - Lyft's shares have increased by approximately 50.5% since the beginning of the year, outperforming the S&P 500's gain of 15.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $1.77 billion, and for the current fiscal year, it is $1.18 on revenues of $6.51 billion [7] Industry Outlook - The Internet - Services industry, to which Lyft belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Lyft's stock performance [5][6]