Lyft stock is down 30% since trading debut. Now its first big quarterly earnings loss is about to hit the market

Lyft shares are down 30% since its trade debut in late March, and now the rideshare company is preparing for another first: earnings as a public company, which will hit the market after the close on Tuesday. While Lyft's path to profits is still a long one, it will need to show investors continued revenue, bookings and rider growth and some ability to cut costs.