Company Performance - Airbnb, Inc. closed at $136.92, with a daily increase of +1.21%, outperforming the S&P 500's gain of 0.64% [1] - Over the past month, shares have appreciated by 18.4%, significantly exceeding the Consumer Discretionary sector's gain of 2.47% and the S&P 500's gain of 3% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $0.66, reflecting a 9.59% decrease from the same quarter last year [2] - Revenue is estimated at $2.72 billion, representing a 9.66% increase from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $4.16 per share and revenue at $12.17 billion, indicating changes of +1.22% and +9.66% respectively from the prior year [3] - Recent changes to analyst estimates reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding business and profitability [3] Valuation Metrics - Airbnb, Inc. has a Forward P/E ratio of 32.55, which is a premium compared to the industry average Forward P/E of 18.23 [6] - The PEG ratio is currently 2.38, compared to the Leisure and Recreation Services industry average PEG ratio of 1.26 [6] Industry Ranking - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 81, placing it in the top 33% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Airbnb, Inc. (ABNB) Surpasses Market Returns: Some Facts Worth Knowing