Should we hitch a Lyft - Earnings calendar for the week 10Feb25

user
KYHBKO
02-09

Earnings Calendar (10Feb2025)

I am interested in the following earnings in the coming week: McDonald’s, Hertz, Shopify, Honda, Lyft and CVS Health.

Let us look at Lyft in detail.

Description of LYFT in QuickFS

Lyft has a “Strong Buy” recommendation based on Technical Analysis. Analysts’ Sentiment is “Buy,” and the price target is $18.80. This implies an upside of 32.71% from the last closed price, which grew 8.7% from a year ago.

Observations about LYFT:

  • Revenue grew from $343 million in 2016 to $4.4 billion in 2023.

  • Gross profit grew from $64 million in 2016 to $1.8 billion in 2023.

  • The company has not been profitable since the year 2016. It ended the year 2023 with an operational loss of $476 million. However, its losses have been decreasing over recent months.

  • Earnings per share (EPS) has dropped from -$2.87 in 2016 to -$0.88 in 2023.

The EPS and Revenue forecasts are $0.207 and $1.56B respectively.

The falling revenue is the other area of concern. I prefer to monitor the stock until it breaks even.

@TigerStars

$Lyft, Inc.(LYFT)$

$McDonald's(MCD)$

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Comments

  • MyrnaNorth
    02-11
    MyrnaNorth
    It’s great to see your analysis
    • KYHBKO
      appreciate your kind words.  wishing you the best.
  • marketpre
    02-11
    marketpre
    Interesting indeed
    • KYHBKO
      how that it's helpful
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