Company Performance - Airbnb, Inc. (ABNB) closed at $132.79, reflecting a -5.2% change from the previous day's closing price, which is worse than the S&P 500's daily loss of 0.53% [1] - Over the past month, shares of Airbnb have increased by 6.11%, outperforming the Consumer Discretionary sector's gain of 0.09% and the S&P 500's gain of 2.06% [1] Earnings Forecast - The upcoming earnings report for Airbnb is expected to show an EPS of $0.66, indicating a 9.59% decrease from the same quarter last year [2] - Revenue is projected to be $2.72 billion, reflecting a 9.73% increase compared to the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.16 per share and revenue of $12.18 billion, showing changes of +1.22% and 0% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the business [3] Zacks Rank and Valuation - Airbnb currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.15% over the past month [5] - The Forward P/E ratio for Airbnb is 29.71, which is a premium compared to the industry average Forward P/E of 18.03 [6] PEG Ratio and Industry Context - Airbnb has a PEG ratio of 2.17, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.26 [7] - The Leisure and Recreation Services industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 98, placing it in the top 40% of over 250 industries [8]
Airbnb, Inc. (ABNB) Sees a More Significant Dip Than Broader Market: Some Facts to Know