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A 'Clerical Error' in Lyft Outlook Triggered 67% Stock Jump

(Bloomberg) -- It was, without a doubt, a strong earnings report.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketLyft Inc. projected adjusted earnings as much as 11% higher than analysts’ estimates, and reported...
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Lyft, Inc. (NASDAQ:LYFT) Q4 2023 Earnings Call Transcript

Lyft, Inc. (NASDAQ:LYFT) Q4 2023 Earnings Call Transcript February 13, 2024 Lyft, Inc. beats earnings expectations. Reported EPS is $0.18, expectations were $0.08. Lyft, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to the Lyft […]
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Lyft's Risher Says 'My Bad' on Margin Error, 'It Was One Zero'

(Bloomberg) -- Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereWall Street Regains Footing After CPI-Fueled Rout: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillDemocrat Suozzi Wins Back NY House Seat Vacated by SantosA ‘Cl...
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