Name: Earnings Breakdown for Ride Share Stocks
Uploaded: 2021-08-04T18:48:33.571
Duration: 8 min 18 s

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Cost pressures and potential economic shutdowns brought by the Delta COVID-19 variant are facing the rideshare companies. Lyft Inc. (LYFT) shares fell after reporting 2Q earnings Tuesday Aug. 3, 2021. Despite beating analyst estimates and posting 125% revenue growth year-over-year, Lyft's 3Q guidance wasn't as strong as some investors had hoped. Angelo Zino breaks down the market reaction to Lyft's earnings as well as previews the quarterly report from Uber Technologies (UBER).

Earnings Breakdown for Ride Share Stocks

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.