Airbnb, Inc. (ABNB) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.52%. A quarter ago, it was expected that this company would post earnings of $0.23 per share when it actually produced earnings of $0.41, delivering a surprise of 78.26%.Over the last four quarters, the company has ...

The vacation rental company Airbnb forecast third-quarter revenue below Wall Street estimates on Tuesday and reported a lower second-quarter profit, as it flagged weakening demand from US customers.Shares of the company were down about 12% after the bell.Domestic travel in the United States has been pressured since the start of the year as more Americans grow cautious about travel spending amid growing economic uncertainty.The San Francisco-based company reported quarterly profit of $555m compared to $650m ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Airbnb CEO and co-founder Brian Chesky speaks at The Fast Company Innovation Festival on September 21, 2022, in New York.Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it's seeing signs of slowing demand from U.S. customers.Here's how the company did compared to LSEG estimates for the quarter ended June 30:Earnings per share: $0.86 versus $0.92 expected.Revenue: $2.75 billion versus $2.74 billion expected.R ...

SAN FRANCISCO, Aug. 6, 2024 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) has posted a shareholder letter containing its second quarter 2024 financial results on its Investor Relations website at https://investors.airbnb.com.Airbnb will host an audio webcast to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET today. The link to the webcast will be made available on the Investor Relations website at https://investors.airbnb.com.Interested parties can register for the call in advance by visiting https://regis ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File Number: 001-39778 ______________ Airbnb, Inc. (Exact Name of Registrant as Specified in Its Charter) __________ ...

12 2024 Shareholder Letter Exhibit 99.1 Key Financial Measures Revenue Q2 revenue of $2.75 billion increased 11% compared to Q2 2023 primarily driven by the growth of nights stayed on the platform. Net Income We generated $555 million of net income during Q2 2024 and delivered a 20% net income margin, demonstrating significant profitability. Adjusted EBITDA* Our Q2 Adjusted EBITDA of $894 million represented a 33% Adjusted EBITDA Margin, demonstrating the strength of the business and broad cost discipline. ...

As the world continues to embrace travel with renewed vigor in the post-pandemic era, the industry is poised for significant growth throughout the remainder of 2024. With August already here, some investors may worry that the best opportunities have already been seized. However, many of the top travel stocks remain attractively priced, buoyed by the persistent “revenge travel” phenomenon that took off after the pandemic and shows no signs of slowing down.Despite challenges such as unstable exchange rates an ...

Klaus Vedfelt/DigitalVision via Getty Images Investment Thesis The market experienced a selloff by the latest PMI data and the unimpressive US unemployment numbers. Wall Street is getting nervous, with growing concerns that American wallets are snapping shut and the economy might be losing steam. In the wake of the market tumble, we've seen a predictable flight to safety - cash is pouring into classic defensive plays like healthcare stocks and utilities. We see potential opportunities for investors in t ...

Dreamer Company Clouds looming on Airbnb's Q2 earnings Airbnb (NASDAQ:ABNB) will soon report its Q2 earnings and its shares are following a general sell-off, retracing over 16% in the past month. With the market in for a likely correction, investors have turned from greedy to fearful amidst earnings season. Many companies reported earnings and often see softer guidance for the remainder of the year. It seems consumers are still spending but with a bit of exhaustion. Manufacturing activities still are b ...