"Lyft, Inc. is expected* to report earnings on 05/07/2019 after market close."


Well-Known Member

Ok, for all the Financial guys, how do we take advantage of this situation on May 7th? I personally think lyft stock will get killed after the reporting on May th. So whats the best way to make some money off this?
Be careful they have been taking a bigger share and cutting prime time, so earnings may be better than expected.

The expected earnings is already grim. If they beat earnings even slightly then the stock will go up a lot the next day. Nobody knows for sure its too much of a gamble.

Total bookings was 8.1 billion last year. 6 billion was paid to drivers and they lost 1 billion. If they had the same bookings and paid drivers 5 billion next year their books are balanced.