Lyft, Inc. (LYFT) announced the company expects: a Gross Bookings compound annual growth rate of approximately 15% between full-year 2024 and full-year 2027; an adjusted EBITDA margin of approximately 4% on a full-year basis in 2027; and free cash flow conversion of more than 90% annually each year between 2025 and 2027.
The company noted that there is no change to previously announced outlook for second quarter or to the company's directional commentary for full-year 2024, which were updated during the first quarter earnings call on May 7, 2024.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.