Lyft Inc Class A
LYFT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| jn# | LOCK|bR | LOCK|KDG#!@ |
Lyft Earnings: Continued Network Size Moderation for the Subscale Ride-Sharing Platform
Lyft reported first-quarter earnings that beat management guidance on adjusted EBITDA, but fell short of FactSet consensus expectations on net revenue. Since last quarter, the take rate fell slightly from 36% to 35%, and active riders and total rides decreased by 500,000 and 100,000, respectively.
