Lyft Inc. is set to release its third-quarter 2025 earnings on November 5, following the close of the stock market. The Zacks Consensus Estimate anticipates that the company will report earnings of 30 cents per share, with revenues projected to reach approximately $1.7 billion. Notably, these earnings estimates have maintained stability over the past two months, reflecting a consistent outlook among analysts.
The expected revenue for the upcoming quarter indicates a growth of 11.6% compared to the same quarter last year, while the earnings forecast suggests a 3.5% increase from the previous year. Additionally, for the full year of 2025, Lyft’s projected revenues stand at $6.51 billion, marking a year-over-year growth of 12.6%. The consensus for the 2025 earnings per share (EPS) is set at $1.18, which represents a significant increase of 24.2% relative to the previous year.
In terms of performance history, Lyft’s earnings have surpassed estimates in two out of the last four quarters, with an average earnings beat of 15.8%. The company’s current Earnings ESP (Earnings Surprise Prediction) stands at +5.50%, accompanied by a Zacks Rank of 2 (Buy), suggesting strong potential for a positive earnings release this quarter.
Several factors are expected to contribute positively to Lyft’s performance in Q3. The anticipated increase in total revenues is likely driven by a rebound in ridership as the ride-share industry recovers from the impacts of the pandemic. The Zacks Consensus Estimate predicts that Lyft will have around 28 million active riders this quarter, reflecting a notable increase of 14.8% from the previous year. Furthermore, growth in gross bookings is projected, with expectations of $4.7 billion, which implies a 17.5% rise compared to the same quarter last year.
Lyft’s shares have shown remarkable performance, climbing 45.3% in the last six months, outperforming the Zacks Internet-Services industry’s 40.4% increase. In contrast, competitors like Uber have seen modest gains, and DoorDash has struggled, decreasing by more than 1% during the same period.
Overall, the upcoming earnings report is being closely watched, with optimism about Lyft’s ability to leverage increased ridership and improved operational efficiencies. Despite some challenges due to ongoing inflation, the strategic focus on cost-cutting and enhancing rider engagement is expected to bolster Lyft’s financial performance this quarter.