So What's Up With Uber And Lyft Today?

Uber Technologies Inc UBER shares are trading lower in Wednesday's session ahead of the company's Q2 earnings report, which is scheduled for after the close today. Ridesharing peer LYFT Inc LYFT reported second-quarter earnings yesterday after the close and is now trading lower.

Lyft reported quarterly losses of 76 cents per share which missed the analyst consensus estimate of a loss of 24 cents per share. Lyft also reported quarterly sales of $765 million which beat the analyst consensus estimate of $696 million.

Uber is estimated to report second-quarter earnings per share loss of 51 cents as well as revenue of $3.74 billion.

Uber beat earnings per share and missed revenue estimates in the first quarter.

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers.

Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app.

Uber has a 52-week high of $64.05 and a 52-week low of $28.48.

Lyft has a 52-week high of $68.28 and a 52-week low of $21.34.