Core Insights - Lyft, Inc. reported better-than-expected third-quarter earnings with earnings of 11 cents per share, surpassing the consensus estimate of 7 cents per share [1] - Quarterly revenue was $1.68 billion, slightly missing the analyst consensus estimate of $1.69 billion [1] Company Performance - CEO David Risher stated that Lyft's comeback strategy is effective, highlighting record-breaking results, new autonomous vehicle partnerships, and the acquisition of a luxury chauffeuring company [2] - Lyft shares increased by 6.2% to $21.32 in pre-market trading following the earnings announcement [2] Analyst Reactions - Wedbush analyst Scott Devitt maintained a Neutral rating on Lyft and raised the price target from $17 to $20 [5] - BMO Capital analyst Brian Pitz maintained a Market Perform rating and increased the price target from $20 to $23 [5]