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Lyft Rises 1.75% as Major Indexes Also Advance
Lyft outperformed the S&P 500 in the latest session, though its shares remain lower over the past month.
Key takeaways
- Lyft closed at $15.73, up 1.75% for the session.
- Zacks Consensus estimates call for quarterly EPS of $0.43 and revenue of $1.93 billion.
Lyft rose 1.75% to close at $15.73, beating the S&P 500’s 0.66% gain. The Dow added 0.18%, while the Nasdaq climbed 1.05%.
The shares are down 7.54% over the past month. Over the same period, the Computer and Technology sector gained 6.36%, and the S&P 500 rose 0.55%.
Ahead of Lyft’s forthcoming earnings report, Zacks Consensus estimates project earnings per share of $0.43 and revenue of $1.93 billion. Those figures would represent year-over-year increases of 65.38% and 14.25%, respectively.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
