Lyft (NASDAQ:LYFT) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Lyft beat estimated earnings by 200.0%, reporting an EPS of $0.07 versus an estimate of $-0.07.
Revenue was up $266.62 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 6.8% increase in the share price the next day.
Here's a look at Lyft's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | -0.03 | -0.24 | -0.53 |
| EPS Actual | 0.09 | 0.05 | -0.05 | -0.35 |
| Revenue Estimate | 938.86M | 862.68M | 696.22M | 558.70M |
| Revenue Actual | 969.90M | 864.40M | 765.02M | 608.96M |
To track all earnings releases for Lyft visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
