Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumbling


A Lyft rideshare driver passes through the Second Street Tunnel, under Bunker Hill in downtown Los Angeles, California, U.S., January 29, 2022. REUTERS/Bing Guan

Feb 10 (Reuters) - Lyft forecast ⁠first-quarter adjusted core profit below expectations on Tuesday, hit by severe U.S. winter ⁠weather, seasonal cost pressures, and posted a surprise operating loss for 2025, sending ‌its shares down 16% in after-hours trading.

The forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and expansion into new regions, and also overshadows a $1 billion share ​repurchase program.

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