Lyft Analysts Raise Their Forecasts After Upbeat Q3 Earnings
Lyft, Inc. (NASDAQ:LYFT) posted better-than-expected third-quarter earnings after Wednesday’s closing bell.Lyft reported quarterly earnings of 11 cents per share, which beat the consensus estimate of seven cents. Quarterly revenue came in at 1.69 billion."Our Q3 results prove that Lyft's comeback strategy is working," said CEO David Risher. "We once again smashed records, announced more autonomous vehicle partnerships, and last month, acquired a ...