Lyft, Inc. LYFT stock has gained 14% since its second-quarter 2022 earnings release on Aug 4. The uptick can be attributed to better-than-expected earnings performance.Lyft, Inc. Price, Consensus and EPS Surprise Lyft, Inc. price-consensus-eps-surprise-chart | Lyft, Inc. QuoteWhat Does Lyft Q2 Report Unveil?Quarterly adjusted earnings of 12 cents per share beat the Zacks Consensus Estimate of a loss of 5 cents per share. In the year-ago period, the company had incurred a loss of 6 cents.Total revenues of $990.7 million lagged the Zacks Consensus Estimate of $998.5 million. However, the top line jumped 30% year over year owing to 15.9% increase in Active Riders, which totaled 19.860 million in the reported quarter. This San-Francisco-based company’s Revenue per Active Rider increased 11.8% year over year to $49.89.Lyft’s adjusted EBITDA in the second quarter was $79.1 million compared with $23.8 million in the year-ago period. In the first quarter of 2022, adjusted EBITDA margin was $54.8 million. Adjusted EBITDA margin for the second quarter was 8% compared with 3.1% in the year-ago period. In the first quarter of 2022, adjusted EBITDA margin was 6.3%.Total costs and expenses climbed 35.6% year over year to $1.36 billion in the quarter. Contribution improved 31% year over year to $590.5 million. Contribution margin increased to 59.6% from 57.4% in the year-ago period. Lyft exited the second quarter with unrestricted cash, cash equivalents and short-term investments of $1.81 billion compared with $2.23 billion at the end of March 2022.Currently, Lyft carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Performance of Other Transportation CompaniesDelta AirLines’ DAL second-quarter 2022 earnings (excluding 29 cents from non-recurring items) of $1.44 per share fell short of the Zacks Consensus Estimate of $1.71. Escalated operating expenses induced the earnings miss. Multiple flight cancellations in May and June also hurt results. The earnings miss disappointed investors, resulting in the stock shedding value in early trading. In the year-ago quarter, Delta incurred a loss of $1.07 per share when air-travel demand was not as buoyant as in the current scenario.DAL’s revenues came in at $13,824 million, which not only beat the Zacks Consensus Estimate of $13,608.9 million and soared 94% from the year-ago quarter’s figure as air-travel demand rebounded from the pandemic lows. The uptick in air-travel demand in the United States can be gauged from the fact that 75.9% of second-quarter 2022 passenger revenues came from the domestic markets.J.B. Hunt Transport Services, Inc. JBHT reported better-than-expected second-quarter 2022 results, wherein both earnings and revenues outperformed the Zacks Consensus Estimate.JBHT’squarterly earnings of $2.42 per share surpassed the Zacks Consensus Estimate of $1.61 and improved 50.3% year over year.JBHT’stotal operating revenues of $3,837.53 million also outperformed the Zacks Consensus Estimate of $2,908.37 million. The top line jumped 32% year over year on the back of strength across all segments. JBHT’s total operating revenues, excluding fuel surcharges, rose 21.2% year over year.CSX Corporation (CSX) reported better-than-expected second-quarter 2022 results, wherein both earnings and revenues outperformed the Zacks Consensus Estimate.CSX’s quarterly earnings of 50 cents per share (excluding 4 cents from non-recurring items) beat the Zacks Consensus Estimate of 47 cents and improved 25% year over year.CSX’s total revenues of $3,815 million outperformed the Zacks Consensus Estimate of $2,990 million. The top line increased 28% year over year on the back of higher revenues in almost all markets, driven by pricing gains, fuel surcharge, and contribution from the acquisition of Quality Carriers. CSX’s overall revenues per unit increased 27%. Want to Know the #1 Semiconductor Stock for 2022? Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries. This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most. Today, it's yours free with no obligation.>>Give me access to my free special report.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CSX Corporation (CSX): Free Stock Analysis Report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report J.B. Hunt Transport Services, Inc. (JBHT): Free Stock Analysis Report Lyft, Inc. (LYFT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research