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The 4 most interesting things from Airbnb's earnings
Business Insider· 2024-11-08 00:39
Airbnb reported earnings after the market closed on Thursday. CEO Brian Chesky pointed to multiple growth areas for the company. He also teased a move beyond short-term rentals that Airbnb will make public in 2025. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on th ...
Here's What Key Metrics Tell Us About Airbnb (ABNB) Q3 Earnings
ZACKS· 2024-11-08 00:00
Airbnb, Inc. (ABNB) reported $3.73 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 9.9%. EPS of $2.13 for the same period compares to $2.39 a year ago.The reported revenue represents a surprise of +0.26% over the Zacks Consensus Estimate of $3.72 billion. With the consensus EPS estimate being $2.17, the EPS surprise was -1.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
Airbnb, Inc. (ABNB) Lags Q3 Earnings Estimates
ZACKS· 2024-11-07 23:30
Airbnb, Inc. (ABNB) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.84%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when it actually produced earnings of $0.86, delivering a surprise of -6.52%.Over the last four quarters, the company has ...
Airbnb's Revenue Tops Expectations, But Profits Fall Short
Investopedia· 2024-11-07 22:21
Airbnb (ABNB) reported third-quarter revenue that beat expectations, but profits fell short.  The vacation rental marketplace saw revenue grow 10% year-over-year to $3.73 billion, ahead of the analyst consensus from Visible Alpha. However, its net income came in at $1.37 billion or $2.13 per share, down from $4.37 billion or $6.63 per share a year earlier and missing expectations.  Nights and Bookings Growth Slows The company’s Nights and Experiences Booked came in at 122.8 million, up 8% from a year ag ...
Airbnb(ABNB) - 2024 Q3 - Quarterly Report
2024-11-07 21:08
Table of Contents Non-accelerated filer ☐ Smaller reporting company ☐ 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 September 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 N ...
Airbnb stock up 11% as revenue jumps
CNBC· 2024-11-07 21:08
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024.Airbnb reported third-quarter earnings on Thursday that were shy of analyst estimates, though it squeaked in a small revenue beat. The stock jumped about 8% in after-hours trading.Here's how the company did:Earnings per share: $2.13 vs. $2.14 expected by LSEGRevenue: $3.73 billion vs. $3.72 billion expected by LSEGRevenue increased 10% from $3.4 billion a ye ...
Airbnb Announces Third Quarter 2024 Results
Prnewswire· 2024-11-07 21:05
SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) has posted a shareholder letter containing its third 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://regist ...
Airbnb(ABNB) - 2024 Q3 - Quarterly Results
2024-11-07 21:00
Exhibit 99.1 3 2024 Shareholder Letter airbnb | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------| | | | | Key Financial Measures | Q3 2024 | | Revenue | $3.7B | | Q3 revenue of $3.7 billion increased 10% compared to Q3 2023 primarily driven by the growth of nights stayed on the platform. | 10% Y/Y 10% Y/Y (ex-FX) | | Net Income | $1.4B | | We generat ...
Airbnb Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-11-07 16:02
Airbnb, Inc. ABNB will release earnings results for its third quarter, after the closing bell on Thursday, Nov. 7.Analysts expect the San Francisco, California-based bank to report quarterly earnings at $2.14 per share, down from $6.63 per share in the year-ago period. Airbnb projects to report revenue of $3.72 billion for the recent quarter, according to data from Benzinga Pro.Airbnb has completed 26 years of existence as a company, having launched on Aug. 11, 2008.Airbnb shares gained 2.2% to close at $14 ...
Airbnb Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?
ZACKS· 2024-11-04 17:56
Airbnb (ABNB) is set to report its third-quarter 2024 results on Nov. 7. ABNB expects third-quarter 2024 revenues between $3.67 billion and $3.73 billion, implying year-over-year growth of 8-10% on a reported basis. The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $3.72 billion, indicating growth of 9.58% year over year. The consensus mark for earnings is currently pegged at $2.17 per share, down by a penny over the past 30 days. The figure indicates a 9.21% decrease from the y ...