Lyft and Uber Report Earnings This Week. Here’s What to Expect.

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Lyft and Uber Report Earnings This Week. Here’s What to Expect.

Barrons2021-08-03

The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week. Lyft (ticker: LYFT) ...

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dt1
·2021-08-03
[微笑]
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Stingray8
·2021-08-03
Good news for Uber share holders. ?
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3
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jeffffffff
·2021-08-03
Good insights
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2
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- BlueHi5:
  O
  2021-08-03
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FlareSpark
·2021-08-03
[弱]
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5
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Ermmmmmm
·2021-08-03
May draw down due to didi?
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Jlenglui
·2021-08-03
Ok
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4
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Jlenglui
·2021-08-03
Like
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鸟雨花香
·2021-08-03
?
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DandanC
·2021-08-03
Like this :)
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4
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kel0508
·2021-08-03
Like pls
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Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. 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Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UBER","symbol_name":"优步","start_time":0,"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","article_id":"1189156110","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","pubTimestamp":1627954490,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The recovery in the ride-sharing business is picking up steam. 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Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":807075049,"gmtCreate":1627993354281,"gmtModify":1703499242185,"author":{"id":"3577530901336464","authorId":"3577530901336464","name":"dt1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807075049","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. 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Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":807021640,"gmtCreate":1627990306280,"gmtModify":1703499192691,"author":{"id":"3582101468174801","authorId":"3582101468174801","name":"Stingray8","avatar":"https://community-static.tradeup.com/news/61835c24442db698417e83348c394372","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good news for Uber share holders. ?","listText":"Good news for Uber share holders. ?","text":"Good news for Uber share holders. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807021640","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804209511,"gmtCreate":1627956416733,"gmtModify":1703498536859,"author":{"id":"3555291946238504","authorId":"3555291946238504","name":"jeffffffff","avatar":"https://static.tigerbbs.com/35d673450b245c163ff0230859bc7eea","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Good insights","listText":"Good insights","text":"Good insights","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804209511","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5409606,"gmtCreate":1627957282879,"gmtModify":1663231852147,"authorId":3583641915640836,"author":{"id":3583641915640836,"authorId":3583641915640836,"name":"BlueHi5","avatar":"https://static.tigerbbs.com/671977f31bd2446b8dbd85361aab6883","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804209511,"type":1,"supId":0,"prevId":0,"content":"O","text":"O","html":"O"}],"langContent":"EN"},{"id":804676901,"gmtCreate":1627956167903,"gmtModify":1703498527721,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"[弱]&nbsp;","listText":"[弱]&nbsp;","text":"[弱]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804676901","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":804673833,"gmtCreate":1627956095822,"gmtModify":1703498523799,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"May draw down due to didi?","listText":"May draw down due to didi?","text":"May draw down due to didi?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804673833","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804670206,"gmtCreate":1627956018005,"gmtModify":1703498521377,"author":{"id":"3579491276699992","authorId":"3579491276699992","name":"Jlenglui","avatar":"https://static.tigerbbs.com/dbbf978ba7471629b0f6a72b1497fce4","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804670206","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804647906,"gmtCreate":1627955989605,"gmtModify":1703498519112,"author":{"id":"3579491276699992","authorId":"3579491276699992","name":"Jlenglui","avatar":"https://static.tigerbbs.com/dbbf978ba7471629b0f6a72b1497fce4","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804647906","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804649164,"gmtCreate":1627955624858,"gmtModify":1703498508156,"author":{"id":"3582101321255914","authorId":"3582101321255914","name":"鸟雨花香","avatar":"https://static.tigerbbs.com/98b16b55879fd1a4b831b436592733a7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804649164","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804627194,"gmtCreate":1627955116218,"gmtModify":1703498491591,"author":{"id":"3581765192280157","authorId":"3581765192280157","name":"DandanC","avatar":"https://static.tigerbbs.com/e2a11bfd02ad81137e21e534e8a35232","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like this :)","listText":"Like this :)","text":"Like this :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804627194","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804621489,"gmtCreate":1627954912541,"gmtModify":1703498483877,"author":{"id":"3581934736299674","authorId":"3581934736299674","name":"kel0508","avatar":"https://static.tigerbbs.com/893b8204be964dc6d17ba74e699e3c2a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804621489","repostId":1189156110,"repostType":4,"repost":{"id":"1189156110","pubTimestamp":1627954490,"share":"https://www.laohu8.com/m/news/1189156110?lang=&edition=full","pubTime":"2021-08-03 09:34","market":"us","language":"en","title":"Lyft and Uber Report Earnings This Week. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189156110","media":"Barrons","summary":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energ","content":"<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.</p>\n<p>Lyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line&nbsp;dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.</p>\n<p>For the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.</p>\n<p>For the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after&nbsp;receiving intense scrutinyfrom Chinese regulators.</p>\n<p>On Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.</p>\n<p>“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”</p>\n<p>Mollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.</p>\n<p>As for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.</p>\n<p>As noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”</p>\n<p>On Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending&nbsp;Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.</p>\n<p>Uber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft and Uber Report Earnings This Week. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft and Uber Report Earnings This Week. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) ...</p>\n\n<a href=\"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/lyft-uber-report-earnings-what-to-expect-51627921408?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189156110","content_text":"The recovery in the ride-sharing business is picking up steam. Whether it will be enough to re-energize investors about Uber Technologies and Lyft, we’ll find out this week.\nLyft (ticker: LYFT) reports June-quarter earnings on Tuesday after the close of trading, with Uber (UBER) following 24 hours later. In both cases, results should show a huge rebound from the year ago quarter, when demand collapsed amid the nearly complete shutdown of consumer and business travel. Talk about your easy comparisons: In the June 2020 quarter,Uber’s revenue fell 33%, while Lyft’s top line dropped 61%, with Uber’s smaller decline reflecting growth in its food-delivery arm.\nFor the June 2021 quarter, Street estimates call for Uber to post revenue of $3.74 billion, up 67% from a year ago, with Lyft expected to jump 105%, to $696 million. For Uber, Street consensus calls for Rides revenue of $1.7 billion, up 118%, with Eats also projected to be $1.7 billion, up 44%. Neither is expected to be profitable in the quarter: projections call for per-share losses of 51 cents for Uber and 24 cents for Lyft.\nFor the year to date through Friday, Lyft stock has risen 13%, while Uber stock has slipped 15%, as investors looking for a reopening bet leaned toward the purer play on a domestic pick up in ride-sharing, rather than the more-diversified bet in Uber. Also weighing on Uber shares: the company’s substantial stake in the China-based ride-sharing company DiDi (DIDI), which has tumbled since its recent initial public offering, after receiving intense scrutinyfrom Chinese regulators.\nOn Monday, with earnings just ahead, Gordon Haskett analyst Robert Mollins picked up coverage of both stocks, starting Uber with a Buy rating and $65 target price—which would be a potential return of about 50%—while launching coverage of Lyft with a Hold rating and $59 target price.\n“We view Uber as a company that continues to further ingrain itself in the everyday lives of consumers, which will lead to share gains across both rides and delivery and in turn upward top- and bottom-line revision over the coming years,” Mollins writes in his research note. “In the near-term, Uber offers investors exposure to reopening (rides) and defense against a prolonged Covid backdrop (delivery). Furthermore, we see Uber as well positioned to capitalize on a structural shift toward convenience with its restaurant and grocery delivery offerings. We also believe Uber Freight is an underappreciated business that will become a leader in the freight brokerage industry.”\nMollins finds Lyft shares less appealing. While he notes that bears on the stock have been wrong in their view that Lyft can’t effectively compete against Uber, he thinks Lyft’s singular focus on the U.S. ride-sharing market is a disadvantage. He thinks Uber’s “super app” approach will result in market-share gains at Lyft’s expense.\nAs for the June quarter, analysts are generally upbeat about the pending results. Wedbush analyst Dan Ives, who has Outperform ratings on both Uber and Lyft, thinks the reports should provide evidence that the two companies are making progress on their push to reach break-even as measured by earnings before interest, taxes, depreciation and amortization, or Ebitda.\nAs noted, the easy comparisons should result in huge growth. “We expect to get good news around underlying ride-sharing demand metrics and profitability outlook despite the delta variant, and expect to see a healthier equilibrium going forward,” Ives writes in a research note. “We view Uber and Lyft as strong names to play the reopening theme.”\nOn Monday, BofA Global Securities analyst Justin Post reiterated his Buy rating and $71 target price on on Uber shares, while lifting his estimates for the quarter. He notes that there are multiple reasons the stock has come under pressure, including perceived risk from the company’s pending Transplace freight logistics acquisition, weakness tied to the company’s DiDi stake, reports that SoftBank has sold a portion of its Uber stake, and concerns about extended wait times and high prices for rides. But he adds that despite all of those concerns, Uber should see estimates ratchet higher as the mobility business improvement and investor sentiment recovers.\nUber stock is up 0.1% Monday to $43.49, while Lyft stock is up 1.2%, to $56.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":96,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}