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TripAdvisor (TRIP) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-15 01:01
For the quarter ended December 2023, TripAdvisor (TRIP) reported revenue of $390 million, up 10.2% over the same period last year. EPS came in at $0.38, compared to $0.16 in the year-ago quarter.The reported revenue represents a surprise of +4.58% over the Zacks Consensus Estimate of $372.93 million. With the consensus EPS estimate being $0.22, the EPS surprise was +72.73%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Tripadvisor shares gain 6% as Q4 results exceed estimates
Market Watch· 2024-02-14 23:45
Shares of Tripadvisor TRIP rose late Wednesday as the company’s revenue and profit in the fourth quarter topped expectations despite the company’s core brand stagnating. The stock was up 5.8% to $26.80 in after-hours trading, following a 0.5% drop at Wednesday’s close. Shares are up 18% since the start of the year. The travel site’s revenue... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a ...
TripAdvisor (TRIP) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-14 23:26
TripAdvisor (TRIP) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.73%. A quarter ago, it was expected that this travel website operator would post earnings of $0.48 per share when it actually produced earnings of $0.52, delivering a surprise of 8.33%.Over the last four quarters, t ...
Tripadvisor, Inc. Earnings Press Release Available on Company's Investor Relations Site
Prnewswire· 2024-02-14 21:06
NEEDHAM, Mass., Feb. 14, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) issued its fourth quarter and full year 2023 earnings press release which is available now at ir.tripadvisor.com. This release is also available on the SEC website at www.sec.gov.  As announced previously, the company will host a conference call tomorrow, Thursday, February 15, 2024 at 8:30 a.m. ET to discuss the results. The live webcast and replay will be available to the public at ir.tripadvisor.com/events-and-presentations. R ...
Why Is TripAdvisor (TRIP) Stock Up 10% Today?
InvestorPlace· 2024-02-13 20:44
Today’s session has been relatively volatile, with a number of key winners and losers seeing outsized movements this afternoon. One of the biggest winners to the upside today is TripAdvisor (NASDAQ:TRIP), which has surged well over 10% to as high as $26.66 per share today. This big move in TRIP stock comes after the company formally announced the formation of a special committee to review an upcoming “potential transaction.”Such special committees are typically set up as part of a bidding process for a give ...
Why Tripadvisor Stock Was Soaring Today
The Motley Fool· 2024-02-13 17:52
Shares of Tripadvisor (TRIP 12.58%) were moving higher Tuesday after the company said that it had formed a special committee to evaluate potential offers to buy the company or related transactions. As of 12:25 p.m. ET, the stock was up 12.4%. Tripadvisor could go privateThe board's decision came in response to interest from Liberty Tripadvisor (NASDAQ: LTRPA), which owns 21.1% of the stock, and has also said it was evaluating potential alternatives for Tripadvisor, meaning it could acquire the company.Tripa ...
Tripadvisor soars as it weighs up potential sale
Proactive Investors· 2024-02-13 17:43
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Tripadvisor Exploring Possible Deals, Stock Surges
Schaeffers Research· 2024-02-13 16:13
Tripadvisor Inc (NASDAQ:TRIP) stock is surging today, after news that the company has formed a committee to explore possible deals. The news comes ahead of the travel name's earnings report, which is due out after the close tomorrow, Feb. 14, in which Wall Street expects profits of 22 cents per share. At last glance, TRIP was up 14% at $25.51, trading at its highest levels in roughly a year. The security has been chopping higher since its Nov. 1 bottom of $14.15, its lowest point since March 2020 -- when th ...
Tripadvisor Stock Jumps on News of Committee to Consider Deal Proposals—Key Level to Watch
Investopedia· 2024-02-13 03:50
Key TakeawaysTripadvisor shares surged more than 13% in after-hours trading Monday after the online travel company said it had formed a special committee to consider potential deal proposals.The company cautioned that no transaction was assured, and the committee has not made any decisions about a potential transaction.The Tripadvisor share price may run into a zone of resistance between $27 and $28 from the August 2022 and February 2023 swing highs. Tripadvisor, Inc. Source: TradingView.com.Tripadvisor ...
Tripadvisor shares jump after it forms new committee to weigh ‘a potential transaction'
Market Watch· 2024-02-12 21:38
Shares of Tripadvisor Inc. jumped after hours on Monday, after the travel-services platform said it had formed a special committee to consider “any proposals that may be brought forward for a potential transaction.” Tripadvisor’s stock TRIP, +3.04% was up 10.9% in after-hours trading. “The mandate of the Special Committee is to evaluate any proposals that may be brought forward for a potential transaction, and any alternatives thereto, with regard to Tripadvisor,” the company said in a statement. Such ...