Check out the companies making headlines before the bell: Lyft — Shares surged 21% after the ride-hailing company posted stronger-than-expected fourth-quarter results and issued better-than-expected guidance. In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, more than the LSEG consensus estimate of 8 cents per-share earnings. Revenue of $1.22 billion was in line with analysts’ expectations. However, Lyft shares were off their Tuesday post-market high as the company corrected an overstatement of its margin forecast contained in its initial press release. Robinhood Markets — Shares of Robinhood soared roughly 16.5% after the investing platform beat on earnings and revenue for the fourth quarter. Robinhood reported a profit of 3 cents per share on $471 million in revenue, while analysts polled by LSEG forecasted a loss of 1 cent per share on $457 million in revenue. Angi — Shares jumped 7% after the home services platform reported a narrower-than-expected quarterly loss. Angi posted a fourth-quarter loss of 1 cent per share, smaller than the loss of 2 cents per share expected by analysts polled by FactSet. On the other hand, revenue of $300.4 million came in below the FactSet consensus estimate of $309.9 million. DaVita — Shares gained more than 7% after the healthcare company posted a fourth-quarter earnings and revenue beat. Da …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell: Lyft — Shares surged 21% after the ride-hailing company posted stronger-than-expected fourth-quarter results and issued better-than-expected guidance. In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, more than the LSEG consensus estimate of 8 cents per-share earnings. Revenue of $1.22 billion was in line with analysts’ expectations. However, Lyft shares were off their Tuesday post-market high as the company corrected an overstatement of its margin forecast contained in its initial press release. Robinhood Markets — Shares of Robinhood soared roughly 16.5% after the investing platform beat on earnings and revenue for the fourth quarter. Robinhood reported a profit of 3 cents per share on $471 million in revenue, while analysts polled by LSEG forecasted a loss of 1 cent per share on $457 million in revenue. Angi — Shares jumped 7% after the home services platform reported a narrower-than-expected quarterly loss. Angi posted a fourth-quarter loss of 1 cent per share, smaller than the loss of 2 cents per share expected by analysts polled by FactSet. On the other hand, revenue of $300.4 million came in below the FactSet consensus estimate of $309.9 million. DaVita — Shares gained more than 7% after the healthcare company posted a fourth-quarter earnings and revenue beat. Da …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
