Lyft Earnings: What to Watch

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Lyft Earnings: What to Watch
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Lyft has a lot riding on the number of so-called active riders who regularly use its services—and for that matter, how much it can make from each of them

Ride-hailing company Lyft Inc. is scheduled to report quarterly earnings Tuesday afternoon, the first financial report since the company went public in March.

The San Francisco company beat Uber Technologies Inc. to the public markets, but the initial excitement wore off pretty quickly. The stock started trading at $78.29 on March 29 and set a high that day of $87.24. It closed Monday at $60.57.

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