Lyft (LYFT) Q1 Revenue Guidance Misses Consensus

Lyft (NASDAQ: LYFT) reported Q4 revenue of $1.18 billion versus the consensus estimate of $1.15 billion. Adjusted EPS was ($0.74), versus the consensus of $0.15.

• Net loss of $588.1 million compares with a net loss of $283.2 million in the fourth quarter of 2021 and includes $201.3 million of stock-based compensation and related payroll tax expenses.

GUIDANCE:

Lyft sees Q1 2023 revenue of $975 million, versus the consensus of $1090 million.

• Adjusted EBITDA between $5 million and $15 million

For earnings history and earnings-related data on Lyft (LYFT) click here.

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