TripAdvisor (TRIP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's 'Halftime Report' to detail her latest buys.
TripAdvisor (TRIP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
TripAdvisor (TRIP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
TRIP's fourth-quarter earnings surpass expectations, benefiting from improvement in growth sequentially across all segments.
Tripadvisor Inc. TRIP posted a strong fourth quarter earnings on Thursday, beating estimates with earnings per share of $0.30, a 42.86% surprise over the $0.21 projection.
Tripadvisor reported positive earnings results for Q4, beating on EPS and revenue, but guiding for flat to declining revenue in Q1 of 2025. Viator segment is the growth engine for Tripadvisor, and TheFork is on its way up, but Brand Tripadvisor revenue has been sliding and is expected to continue to do so. Management's guidance for stabilizing Brand Tripadvisor by 2025 and returning to profitability by 2026 is too long-term to excite investors now.
Tripadvisor, Inc. (NASDAQ:TRIP ) Q4 2024 Earnings Conference Call February 20, 2024 8:30 AM ET Company Participants Angela White - VP, IR Matt Goldberg - President and CEO Mike Noonan - CFO Conference Call Participants Stephen Ju - UBS Naved Khan - B. Riley Securities Richard Clarke - Bernstein Trevor Young - Barclays Dae Lee - JPMorgan James Lee - Mizuho Securities USA Operator Good day, and thank you for standing by.
TripAdvisor (TRIP) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.38 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for TripAdvisor (TRIP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
TripAdvisor (TRIP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
We aggressively bought Tripadvisor shares at $14.20 after bullish news of buying Liberty TripAdvisor, retiring 19.4% of its float, and simplifying its capital structure. Sell side's persistent bearish stance on TRIP is unwarranted, as the company now has strategic flexibility and a low EV/TTM Adj. EBITDA of 4.5X. Liberty TripAdvisor's control of 57% voting rights ends, enabling TRIP to explore value-creating opportunities like a Viator spin-off or other M&A deals.