Lyft Shares Wobble on Earnings Report as Bookings Beat Expectations -- Barrons.com

Dow Jones

May 08

By Anita Hamilton

Shares of ride-hailing service Lyft wobbled in after-hours trading on a strong earnings report, with both revenue and gross bookings beating analyst expectations. Earnings, on the other hand, came in a bit light.

Shares initially rose a few percentage points after the report was released before falling around 3%.

Revenue for the first quarter came in at $1.650 billion, ahead of expectations for $1.631 billion. Earnings per share on a generally-accepted accounting basis 4 cents a share. Analyst expected adjusted earnings of 5 cents a share.

A bright spot was gross bookings, which came in at $4.946 billion, versus the $4.911 billion analysts surveyed by FactSet had expected.

Before the report, shares had been down 27% in 2026. They close at $14.07 in regular trading.

This is breaking news. Check back for updates.

Write to Anita Hamilton at anita.hamilton@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 07, 2026 16:27 ET (20:27 GMT)

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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2026 16:27 ET (20:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\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://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633745851","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633745851","pubTimestamp":1778185620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of ride-hailing service Lyft wobbled in after-hours trading on a strong earnings report, with both revenue and gross bookings beating analyst expectations. 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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LYFT":"Lyft, Inc."},"translate_title":"由于预订量超出预期，Lyft股价因盈利报告而波动--Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYFT":1.5},"content_text":"By Anita Hamilton \n\n\n  Shares of ride-hailing service Lyft wobbled in after-hours trading on a strong earnings report, with both revenue and gross bookings beating analyst expectations. Earnings, on the other hand, came in a bit light. \n\n\n  Shares initially rose a few percentage points after the report was released before falling around 3%. \n\n\n  Revenue for the first quarter came in at $1.650 billion, ahead of expectations for $1.631 billion. Earnings per share on a generally-accepted accounting basis 4 cents a share. 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