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LYFT BOOKINGS FORECAST
Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumblingThe forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and ex...- Lyft bets on global expansion, smaller cities focus to drive growthLyft said Freenow, its European operations, which it acquired earlier this year, is projected to add over six million riders to its platfor...
- Uber reports strong Q1 despite revenue miss, forecasts resilient demand with robust gross bookings outlookUber Technologies (UBER) reported a slight miss in Q1 revenue, but its outlook for gross bookings in Q2 exceeded Wall Street expectations, ...
- Uber forecasts upbeat second quarter on steady ride-hailing, delivery demandTotal revenue rose 14% to $11.53 billion in the first quarter, slightly below analysts' expectations of $11.62 billion, according to data c...
- Uber Q4 Results: Company projects quarterly bookings below estimates hurt by strong dollarUber Technologies forecast current-quarter bookings below Wall Street estimates on Wednesday, joining a slew of U.S. companies in warning t...
- Uber projects quarterly bookings below estimates hurt by strong dollarUber's Q1 bookings forecast fell short of Wall Street expectations, citing a strong dollar impact. However, the company surpassed Q4 revenu...
- Uber shares slide 8% as slowing bookings growth spooks investorsBookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and fell sho...
- Lyft's soft forecast fans worries of losing ground to Uber, shares tankShares of Lyft fell 16% due to a disappointing summer forecast, sparking concerns it is losing market share to Uber. Despite reporting bett...
- Uber's second-quarter results beat Wall Street estimates on ride-sharing demandUber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, send...
- Uber shares tumble 9% on surprise net loss, weak second-quarter forecastThe report suggests that Uber's growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery b...
- Uber forecasts gross bookings for second quarter below expectationsUber projects lower second-quarter gross bookings due to ride-share and food delivery challenges, exceeding core profit expectations. Lyft ...
- Lyft beats third-quarter estimates, bookings underperform rival UberGross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...
- Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
- Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profitUber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain it...
- Lyft picks new CEO as founders tap out amid fierce competitionThe change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertake...
- Uber sets sights on profits in 2023 as pandemic pain easesChief Executive Officer Dara Khosrowshahi said the company was now focused on achieving profitability on a GAAP basis this year.
- Uber Q2 Results: Revenue up 72% to $8.34 bnUber, however, is also aiming to scale back hiring and reduce expenses to expand profitability amid macroeconomic uncertainties, with Khosr...
- Lyft posts record quarter, sees operating profit of $1 billion in 2024"We had the majority of new drivers come in organically ... There is a tailwind as more and more people are enjoying this supplemental inco...
- Uber makes first operating profit as driver shortage easesThe California-based company reported Ebitda of $8 million for the quarter ended September 30. That compared to a loss on the same basis of...
- Lyft shares hit record low, piling pressure on Uber ahead of IPOLyft lost $1.1 billion for the March quarter, the company said on Tuesday.
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