Uber vs. Lyft: What's the Better Buy?

Core Insights - Uber and Lyft have both reported strong Q1 results, with Uber showing significant growth in EPS while Lyft achieved record rides [1][2][10] Uber Summary - Uber's Q1 sales reached $11.5 billion, reflecting a 14$4.2 billion, with adjusted EBITDA of $106.5 million, significantly up from$59.4 million in the same period last year [10] - Rides grew 16% year-over-year, reaching a record 218.4 million for Q1, and Active Riders increased by 11% [10] - Despite a modest 0.6% increase over the last year, Lyft shares have underperformed relative to the S&P 500 [7] - Lyft missed EPS estimates by 5% and reported sales 1% below expectations, although sales grew 14% year-over-year and EPS increased by 26% [12][13] Analyst Outlook - Post-earnings, analysts have revised their outlooks for both companies, with Uber's earnings outlook remaining more constructive [11] - Lyft's earnings outlook has turned bearish, with analysts reducing EPS expectations across several timeframes [13] - The more robust EPS outlook for Uber is seen as a stronger investment option, while Lyft's recent results may provide some near-term positivity [14]