Lyft closed the most recent trading day at $15.07, up 1.28% from the previous session, outpacing the S&P 500's daily loss of 0.17%, while the Dow dropped 0.26% and the Nasdaq fell 0.09%. Ahead of its upcoming earnings disclosure, the company is expected to report EPS of $0.43, up 65.38% from the prior-year quarter, on revenue of $1.93 billion, a 14.25% increase from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates project earnings of $1.63 per share and revenue of $7.31 billion, representing changes of +239.58% and +15.8%, respectively, from the prior year. The Zacks Consensus EPS estimate has moved 7.05% higher within the past month, and Lyft presently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 9.11, a discount to its industry average of 15.5, and a PEG ratio of 0.46 versus an Internet - Services industry average of 1.63.
LYFT IncAnalysts project 65% EPS growth and raised consensus estimates ahead of Lyft's earnings, with the stock trading at a discount to its industry.
