Lyft (LYFT) Outpaces Stock Market Gains: What You Should Know

Lyft (LYFT) closed at $15.32, up 2% on the day but down 12.32% over the past month. The company is expected to report EPS of $0.44 (up 69.23% YoY) and revenue of $1.93 billion (up 14.67% YoY). For the full fiscal year, earnings are projected at $1.58 per share and revenue at $7.32 billion. Lyft trades at a Forward P/E of 9.51, below its industry average of 15.96, and holds a Zacks Rank of #3 (Hold).