Lyft, Inc. (NASDAQ:LYFT) shares are trading higher Wednesday after the company posted better-than-expected first-quarter financial results. Here's a look at what's going on.  What To Know: Lyft reported quarterly adjusted earnings of 15 cents per share which beat the analyst consensus estimate of 3 cents per share. Quarterly sales came in at $1.28 billion which beat the consensus estimate and represented a 27.59% increase over sales of $1 billion from the same period last year. Gross bookings for the first-quarter were $3.7 billion, up 21% year-over-year. Multiple analysts adjusted their price targets on Lyft following the print:  DA Davidson analyst Tom White maintained a Neutral rating and raised the price ...