JUMP REPORT
| Avg Daily Volume: 5,581,158 Market Cap: 14.86B Sector: Miscellaneous Short Interest: 11.53 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.1.39/share REV: 984.17/M
___________________________________________________________
LAST QTR: EPS: -1.68/share ACTUAL: -1.77/share (MISS)
____________________________________________________________
NEXT QTR: EPS: -1.26share REV: 1,050/M
______________________________________________________
FULL YR: EPS: -11.15/share REV: 3,580/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 50% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.61, 9.33, -11.25
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
In the latest trading session, Lyft (LYFT) closed at $13.41, marking a -1.4% move from the previous day.
(Reuters) -A federal judge on Thursday dismissed a lawsuit accusing Lyft of defrauding shareholders by waiting too long to correct a mistake in an earnings release that caused the ride-sharing company’s stock price to gyrate wildly. U.S. District Judge Trina Thompson in San Francisco said shareholders in the proposed class action did not show why it was unreasonable for Lyft to need 42 minutes to fix its Feb. 13, 2024 release, instead of doing it immediately. The release at 4:05 p.m. EST (2105 GMT) said Lyft expected one of its profit margins to expand by 500 basis points, or 5 percentage points, in 2024 when it actually expected 50 basis points.
President-elect Donald Trump has tapped Keith Sonderling as his deputy labor secretary, handing employers in the so-called gig economy an ally.
LYFT vs. TTD: Which Stock Is the Better Value Option?
Lyft (LYFT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.