Lyft: Analysts Expect Consensus $556.4 Million In Q1 Revenues
Lyft Inc (NASDAQ: LYFT) will be reporting its first quarter financial results today after market close. Analysts have a consensus $67.60 12-month price target on the company, via a total of 41 analysts, with eight analysts having strong buy ratings. 16 analysts meanwhile have buy ratings, 15 analysts have hold rating and two analysts have sell ratings. The street high comes from Piper Sandler with a $88 price target, and the lowest target sits at $30 from UBS Equities.
34 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 34 analysts is $556.43 million; this number has been revised downwards from $558.7 million at the start of the year. The highest revenue estimate is $600.4 million, while the lowest is $524.3 million.
The analyst consensus for net income for the first quarter is -$163.82 million, this is practically flat since the start of the year. The highest net income estimate is -$20 million, while the lowest is -$218 million.
Onto EBITDA estimates, there are currently 30 analysts who have first-quarter EBITDA estimates. The mean is currently -$144 million, with this number having been revised slightly lower from -$138.87 million at the start of the year. The street high estimate currently sits at -$120.10 million in EBITDA and the lowest is -$238 million.
Analysts estimate that quarterly earnings per share will come in at -$0.53, with this number being slightly revised up from -$0.57 at the start of the year. Street high is -$0.27 and the lowest estimate is -$0.69 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
One thought on “Lyft: Analysts Expect Consensus $556.4 Million In Q1 Revenues”
Proof yead your material!!! You’re mixing up your millions and billions! Lyft doesn’t have revenue equal to Canada’s gdp!!!