CNBC Television
Lyft shares slump on mixed results
11/5/2025, 9:52:02 PM
Economic Summary
- Lyft reported adjusted EPS of $0.11 beating the $0.08 analyst estimate, indicating stronger profitability per share in the quarter (LYFT).
- Revenue of $1.69 billion was essentially in line with expectations, suggesting top-line growth met but did not exceed market hopes (LYFT).
- Platform demand signals were positive: gross bookings beat slightly at $4.78 billion and active riders came in ahead at 28.7 million, implying continued user engagement (LYFT).
- Forward guidance shows Q4 gross bookings expected between $5.01B and $5.13B, above consensus at the midpoint, while adjusted EBITDA guidance midpoint roughly matches street estimates, a mixed outlook that likely drove the sell-off.
Bullish
- EPS beat estimates (11c vs 8c).
- Active riders exceeded estimates at 28.7 million.
- Gross bookings beat slightly and Q4 bookings guidance is above estimates.
Bearish
- Shares fell ~4-5% in extended trading despite the beat.
- Revenue was only in line with expectations, not a beat.
- Q4 adjusted EBITDA midpoint merely matches street estimates.
Bullish tickers
LYFT
Bearish tickers
LYFT
LYFT
Bullish
EPS beat, gross bookings and active riders topped estimates, and Q4 gross bookings guidance is above expectations.
Bearish
Revenue only met expectations and Q4 adjusted EBITDA guidance merely matches consensus, prompting a post-release sell-off.
People mentioned
John