For the second quarter, Lyft said it anticipates rides growth in the mid-teens from a year ago. Gross bookings are expected to range between $4.41 billion to $4.57 billion. Analysts polled by FactSet had forecast gross booking of $4.48 billion.
Lyft reported $280.7 million in free cash flows for the first quarter, which topped a $136.3 million estimate from StreetAccount.
Last month, Lyft announced an expansion into Europe with the nearly $200 million acquisition of Germany-based taxi app FreeNow.