LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst_老虎社区_美港股上老虎

LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst

TipRanks2021-05-06

After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties. Looking at ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

sakurachan
·2021-05-07
Wow
回复
点赞
举报
SherryYo
·2021-05-07
Great one!
回复
1
举报
Whheee
·2021-05-07
Wow
回复
点赞
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2133857587?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-05-06 22:44","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2133857587","market":"us","top_or_hot":-1,"title":"LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst","media":"TipRanks","content":"<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">网页链接</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LYFT","symbol_name":"Lyft, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html","article_id":"2133857587","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2133857587","pubTimestamp":1620312259,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the eco","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LYFT":"Lyft, Inc."},"translate_title":"Lyft：首席分析师称，将在第三季度达到EBITDA盈利水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYFT":0.9},"content_text":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at Lyft’s (LYFT) latest quarterly statement, Wedbush analyst Daniel Ives thinks the company is about to welcome them in.\n“With WFH tailing off into the summer and a return to the office and leisure/ business travel set to pick up in a meaningful way over the next few quarters, Lyft is set to see a \"Roaring 20's-like\" rebound into 2H with the red ink soon in the rearview mirror,” the 5-star analyst said.\nWhat’s more, going by the quarter’s results and “underlying metrics,” Ives is increasingly confident the “clear demand rebound” puts the company on the right path to reach EBITDA profitability by the September quarter.\nSo, what does Ives like so much about Lyft’s report?\nWell, on the top-line, Lyft reported revenue of $609 million, beating both Wedbush’s $524 million estimate and the Street’s call for $559 million. On the bottom-line, a Non-GAAP EPS of ($0.35) compared favorably to the consensus estimate of ($0.53), while also improving on Wedbush’s ($0.57) forecast.\nAlthough the pandemic’s impact was still felt as active riders dropped year-over-year by 36.4% to 13.5 million, the decline was still better than Wedbush’ and the Street’s respective 11.2 million and 12.8 million estimates.\nHowever, the star of the show, says Ives, was the EBITDA beat. Lyft delivered Adj. EBITDA of ($73) million beating Wall Street’s ($144) million forecast and well ahead of Ives’ ($149) million estimate.\nAccording to Lyft, Adj. EBITDA is set to further improve in Q2, expected to show a loss of between $45-35 million. Revenue should also increase to between the $680 million and $700 million range.\n“The tough but necessary cuts that Lyft has implemented into its business model are clear and present and remain a feather in the cap for the bulls as the company just delivered its best EBITDA performance in its history with revenue down 35% YoY, a great sign of leverage in the model,” the analyst summed up.\nIves keeps LYFT on Wedbush’s Best Ideas List and, unsurprisingly, reiterated an Outperform (i.e., Buy) rating on the shares whilst sticking to an $85 price target. Investors could be sitting on gains of 72%, should Ives’ forecast play out accordingly. (To watch Ives’ track record, click here)\nWall Street’s average price target is more modest, but at $72.04, is still anticipated to generate returns of 46% in the year ahead. Overall, the stock’s Moderate Buy consensus rating is based on 22 Buys and 10 Holds. (See Lyft stock analysis on TipRanks)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":104032717,"gmtCreate":1620344725339,"gmtModify":1634205976784,"author":{"id":"3583436702866055","authorId":"3583436702866055","name":"sakurachan","avatar":"https://static.tigerbbs.com/506157c91aec4970ea4d2d051f2008a4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3583436702866055","idStr":"3583436702866055"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104032717","repostId":2133857587,"repostType":4,"repost":{"id":"2133857587","pubTimestamp":1620312259,"share":"https://www.laohu8.com/m/news/2133857587?lang=&edition=full","pubTime":"2021-05-06 22:44","market":"us","language":"en","title":"LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2133857587","media":"TipRanks","summary":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the eco","content":"<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133857587","content_text":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at Lyft’s (LYFT) latest quarterly statement, Wedbush analyst Daniel Ives thinks the company is about to welcome them in.\n“With WFH tailing off into the summer and a return to the office and leisure/ business travel set to pick up in a meaningful way over the next few quarters, Lyft is set to see a \"Roaring 20's-like\" rebound into 2H with the red ink soon in the rearview mirror,” the 5-star analyst said.\nWhat’s more, going by the quarter’s results and “underlying metrics,” Ives is increasingly confident the “clear demand rebound” puts the company on the right path to reach EBITDA profitability by the September quarter.\nSo, what does Ives like so much about Lyft’s report?\nWell, on the top-line, Lyft reported revenue of $609 million, beating both Wedbush’s $524 million estimate and the Street’s call for $559 million. On the bottom-line, a Non-GAAP EPS of ($0.35) compared favorably to the consensus estimate of ($0.53), while also improving on Wedbush’s ($0.57) forecast.\nAlthough the pandemic’s impact was still felt as active riders dropped year-over-year by 36.4% to 13.5 million, the decline was still better than Wedbush’ and the Street’s respective 11.2 million and 12.8 million estimates.\nHowever, the star of the show, says Ives, was the EBITDA beat. Lyft delivered Adj. EBITDA of ($73) million beating Wall Street’s ($144) million forecast and well ahead of Ives’ ($149) million estimate.\nAccording to Lyft, Adj. EBITDA is set to further improve in Q2, expected to show a loss of between $45-35 million. Revenue should also increase to between the $680 million and $700 million range.\n“The tough but necessary cuts that Lyft has implemented into its business model are clear and present and remain a feather in the cap for the bulls as the company just delivered its best EBITDA performance in its history with revenue down 35% YoY, a great sign of leverage in the model,” the analyst summed up.\nIves keeps LYFT on Wedbush’s Best Ideas List and, unsurprisingly, reiterated an Outperform (i.e., Buy) rating on the shares whilst sticking to an $85 price target. Investors could be sitting on gains of 72%, should Ives’ forecast play out accordingly. (To watch Ives’ track record, click here)\nWall Street’s average price target is more modest, but at $72.04, is still anticipated to generate returns of 46% in the year ahead. Overall, the stock’s Moderate Buy consensus rating is based on 22 Buys and 10 Holds. (See Lyft stock analysis on TipRanks)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105752866,"gmtCreate":1620342370255,"gmtModify":1634206017562,"author":{"id":"3582192350058526","authorId":"3582192350058526","name":"SherryYo","avatar":"https://static.tigerbbs.com/75568d62cfdfecfd17b217a22e3236d2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3582192350058526","idStr":"3582192350058526"},"htmlText":"Great one!","listText":"Great one!","text":"Great one!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105752866","repostId":2133857587,"repostType":4,"repost":{"id":"2133857587","pubTimestamp":1620312259,"share":"https://www.laohu8.com/m/news/2133857587?lang=&edition=full","pubTime":"2021-05-06 22:44","market":"us","language":"en","title":"LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2133857587","media":"TipRanks","summary":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the eco","content":"<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133857587","content_text":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at Lyft’s (LYFT) latest quarterly statement, Wedbush analyst Daniel Ives thinks the company is about to welcome them in.\n“With WFH tailing off into the summer and a return to the office and leisure/ business travel set to pick up in a meaningful way over the next few quarters, Lyft is set to see a \"Roaring 20's-like\" rebound into 2H with the red ink soon in the rearview mirror,” the 5-star analyst said.\nWhat’s more, going by the quarter’s results and “underlying metrics,” Ives is increasingly confident the “clear demand rebound” puts the company on the right path to reach EBITDA profitability by the September quarter.\nSo, what does Ives like so much about Lyft’s report?\nWell, on the top-line, Lyft reported revenue of $609 million, beating both Wedbush’s $524 million estimate and the Street’s call for $559 million. On the bottom-line, a Non-GAAP EPS of ($0.35) compared favorably to the consensus estimate of ($0.53), while also improving on Wedbush’s ($0.57) forecast.\nAlthough the pandemic’s impact was still felt as active riders dropped year-over-year by 36.4% to 13.5 million, the decline was still better than Wedbush’ and the Street’s respective 11.2 million and 12.8 million estimates.\nHowever, the star of the show, says Ives, was the EBITDA beat. Lyft delivered Adj. EBITDA of ($73) million beating Wall Street’s ($144) million forecast and well ahead of Ives’ ($149) million estimate.\nAccording to Lyft, Adj. EBITDA is set to further improve in Q2, expected to show a loss of between $45-35 million. Revenue should also increase to between the $680 million and $700 million range.\n“The tough but necessary cuts that Lyft has implemented into its business model are clear and present and remain a feather in the cap for the bulls as the company just delivered its best EBITDA performance in its history with revenue down 35% YoY, a great sign of leverage in the model,” the analyst summed up.\nIves keeps LYFT on Wedbush’s Best Ideas List and, unsurprisingly, reiterated an Outperform (i.e., Buy) rating on the shares whilst sticking to an $85 price target. Investors could be sitting on gains of 72%, should Ives’ forecast play out accordingly. (To watch Ives’ track record, click here)\nWall Street’s average price target is more modest, but at $72.04, is still anticipated to generate returns of 46% in the year ahead. Overall, the stock’s Moderate Buy consensus rating is based on 22 Buys and 10 Holds. (See Lyft stock analysis on TipRanks)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105455467,"gmtCreate":1620321371359,"gmtModify":1631891323452,"author":{"id":"3570810115670005","authorId":"3570810115670005","name":"Whheee","avatar":"https://static.tigerbbs.com/9ab10b9b20e7b3c499c8f863da9c36fb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3570810115670005","idStr":"3570810115670005"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105455467","repostId":2133857587,"repostType":4,"repost":{"id":"2133857587","pubTimestamp":1620312259,"share":"https://www.laohu8.com/m/news/2133857587?lang=&edition=full","pubTime":"2021-05-06 22:44","market":"us","language":"en","title":"LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2133857587","media":"TipRanks","summary":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the eco","content":"<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLYFT: On Course to Reach EBITDA Profitability by Q3, Says Top Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://finance.yahoo.com/news/lyft-course-reach-ebitda-profitability-144419267.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133857587","content_text":"After the coronavirus made sure the new decade kicked off on a downbeat note, hopes are high the economic recovery will lead to a replication of the previous century’s Roaring Twenties.\nLooking at Lyft’s (LYFT) latest quarterly statement, Wedbush analyst Daniel Ives thinks the company is about to welcome them in.\n“With WFH tailing off into the summer and a return to the office and leisure/ business travel set to pick up in a meaningful way over the next few quarters, Lyft is set to see a \"Roaring 20's-like\" rebound into 2H with the red ink soon in the rearview mirror,” the 5-star analyst said.\nWhat’s more, going by the quarter’s results and “underlying metrics,” Ives is increasingly confident the “clear demand rebound” puts the company on the right path to reach EBITDA profitability by the September quarter.\nSo, what does Ives like so much about Lyft’s report?\nWell, on the top-line, Lyft reported revenue of $609 million, beating both Wedbush’s $524 million estimate and the Street’s call for $559 million. On the bottom-line, a Non-GAAP EPS of ($0.35) compared favorably to the consensus estimate of ($0.53), while also improving on Wedbush’s ($0.57) forecast.\nAlthough the pandemic’s impact was still felt as active riders dropped year-over-year by 36.4% to 13.5 million, the decline was still better than Wedbush’ and the Street’s respective 11.2 million and 12.8 million estimates.\nHowever, the star of the show, says Ives, was the EBITDA beat. Lyft delivered Adj. EBITDA of ($73) million beating Wall Street’s ($144) million forecast and well ahead of Ives’ ($149) million estimate.\nAccording to Lyft, Adj. EBITDA is set to further improve in Q2, expected to show a loss of between $45-35 million. Revenue should also increase to between the $680 million and $700 million range.\n“The tough but necessary cuts that Lyft has implemented into its business model are clear and present and remain a feather in the cap for the bulls as the company just delivered its best EBITDA performance in its history with revenue down 35% YoY, a great sign of leverage in the model,” the analyst summed up.\nIves keeps LYFT on Wedbush’s Best Ideas List and, unsurprisingly, reiterated an Outperform (i.e., Buy) rating on the shares whilst sticking to an $85 price target. Investors could be sitting on gains of 72%, should Ives’ forecast play out accordingly. (To watch Ives’ track record, click here)\nWall Street’s average price target is more modest, but at $72.04, is still anticipated to generate returns of 46% in the year ahead. Overall, the stock’s Moderate Buy consensus rating is based on 22 Buys and 10 Holds. (See Lyft stock analysis on TipRanks)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}