Lyft shares soar 40% on earnings beat, guidance

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.Lyft shares soared 50% in extended trading on Tuesday after the ride-hailing company reported better-than-expected earnings and gave guidance that topped estimates. Here's how the company did:Earnings: 18 cents per share, adjusted, vs. 8 cents estimated by analysts, according to LSEG, formerly Refinitiv.Revenue: $1.22 billion, vs. $1.22 billion expected by analysts, according ...