Earnings Gaffes Pile Up a Week After Lyft Typo Roiled Shares (1)

Feb. 22, 2024, 9:14 PM UTC

Everybody makes mistakes, apparently even multi-billion dollar, publicly traded companies that report earnings just four times a year.

At least three companies — Planet Fitness Inc., Mister Car Wash Inc. and Rivian Automotive Inc. — had to correct parts of their earnings released in the past day. All three cited a “clerical error” in filings Thursday with the US Securities and Exchange Commission.

The mistakes come about a week after Lyft Inc. had to correct its earnings release because of a typo that inflated its outlook and spurred a short-lived surge in the shares, driving home how even seemingly ...

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