Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) shares surged afterhours as the alternative accommodation platform's fourth quarter earnings impressed investors. Revenue grew 12% year-over-year to $2.48 billion, ahead of the Wall Street consensus of $2.42 billion.
Airbnb Inc. on Thursday forecast first-quarter sales that came up a bit shy of Wall Street's expectations, but the vacation-rental platform said it expects to continue to build on strides it made last year, as travel demand settles but stays solid.
Airbnb reported fourth-quarter earnings on Thursday that beat analysts' estimates. The company issued soft guidance.
Airbnb Inc ABNB will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 58 cents in EPS and $2.42 billion in revenues as the company reports after market hours.
Airbnb, Inc. ABNB will release its fourth-quarter financial results after the closing bell on Thursday, Feb. 13.
ABNB's fourth-quarter 2024 performance is expected to have benefited from strong booking demand and higher daily rates.
Get a deeper insight into the potential performance of Airbnb (ABNB) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Airbnb stock price has price has remained in a tight range in the past three months as concerns about its business remained. It was trading at $135 on Friday, down by over 20% from its highest swing in 2024.
Airbnb, Inc. (ABNB) reachead $134.98 at the closing of the latest trading day, reflecting a +1.82% change compared to its last close.
Despite a negative analyst outlook for consumer discretionary spending, TSA data would suggest travel volumes improved in the 2024-2025 winter season. Airbnb is planning to re-release Experiences across over 100 cities in May 2025, potentially boosting app usage and revenue. Margin compression is expected due to increased investments as Airbnb further enhances its application. If Experiences has a successful launch, ABNB may realize stronger operating leverage.
Airbnb (ABNB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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