Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Lyft Inc (LYFT)
:LYFT
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.19Last Year’s EPS
0.15Same Quarter Last Year
Based on 30 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -6.46%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong year for Lyft with record driver earnings, improved service levels, and financial milestones including GAAP profitability and positive free cash flow. However, challenges such as emerging pricing dynamics in the US market and the end of a key partnership with Delta indicate areas of concern. Overall, the positive aspects of growth and profitability outweigh the challenges.Company Guidance
During Lyft's fourth-quarter and full-year 2024 earnings call, the company provided guidance for 2025, emphasizing its goal to set a new standard of service across the rideshare industry. Lyft reported all-time highs in rides, riders, and driver hours, with drivers collectively earning nearly $9 billion in 2024. The company achieved a record number of active riders and faster average ETAs, leading to industry-leading service levels. Lyft's 2024 financial performance included a 17% increase in gross bookings to $16.1 billion and its first-ever year of GAAP profitability, with a free cash flow of $766 million. For the first quarter of 2025, Lyft expects gross bookings growth of 10% to 14% year-over-year and adjusted EBITDA of $90 million to $95 million. The company also announced a $500 million share buyback program and plans to repay convertible notes due in May 2025, showcasing its strong financial position and commitment to maximizing shareholder value.Record Driver Earnings
Drivers collectively earned nearly $9 billion in 2024, the highest amount of combined driver earnings on Lyft's platform ever.
Improved Service Levels
Achieved the industry's fastest average ETAs, with riders picked up almost one minute faster on average compared to the previous year.
Significant Reduction in Surge Pricing
Reduced Primetime (surge pricing), saving riders more than $400 million in 2024.
GAAP Profitability and Positive Free Cash Flow
Achieved the first-ever year of GAAP profitability and the first full year of positive free cash flow, totaling $766 million.
Expansion of High-Margin Offerings
Lyft Black and Lyft SUV rides grew 41% year-on-year in 2024.
Strong Rides Growth
Delivered 15% rides growth and 10% growth in active riders year-over-year in Q4.
---
LYFT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LYFT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $14.39 | $13.25 | -7.92% |
| Nov 06, 2024 | $14.40 | $17.69 | +22.85% |
| Aug 07, 2024 | $10.97 | $9.08 | -17.23% |
| May 07, 2024 | $16.60 | $17.78 | +7.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Lyft Inc (LYFT) report earnings?
Lyft Inc (LYFT) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Lyft Inc (LYFT) earnings time?
Lyft Inc (LYFT) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LYFT EPS forecast?
LYFT EPS forecast for the fiscal quarter 2025 (Q1) is 0.19.
---
