Airbnb ABNB shares jumped 14.5% on Feb. 14, 2024, after the company reported fourth-quarter earnings and revenue that beat analysts’ estimates.Its quarterly earnings of $0.73 per share came ahead of the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.76 per share a year ago.
Airbnb, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $2.48 billion in Q4, surpassing the Zacks Consensus Estimate by 2.47%. This compares to year-ago revenues of $2.22 billion. Airbnb said its first quarter of 2024 benefited from both Easter and an extra day in February.
Here’s a look at how Airbnb fared in the latest reported quarter based on the key metrics tracked and projected by Wall Street analysts:
Nights and Experiences Booked: 111 million compared to the 108.49 million average estimate based on eight analysts. The company said its “Nights and Experiences Booked” metric recorded its highest growth of 2024 in Q4,…
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