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ABNB / Airbnb 1Q profit tops expectations but shares tumble on guidance

Airbnb posted a first quarter profit beat but its shares tumbled by double digits in after-hours trading after the company warned it expects to see its average daily rates (ADR) decline slightly in the second quarter. Airbnb is expecting to see revenue of $2.35 billion to $2.45 billion for its second quarter, in line with analysts' expectations of $2.42 billion, but expects a slight decline in ADR. Read More

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ABNB

Posted: May 9 2023, 16:50

Author Name: Proactive Investors

ABNB News

By Zacks Investment Research
November 2, 2023

Airbnb (ABNB) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Airbnb's (ABNB) third-quarter 2023 results benefit from continuous improvement in Nights and Experiences Booked and growing GBV.

By Schaeffers Research
November 2, 2023

Airbnb Stock Lower After Gloomy Outlook

Shares of Airbnb Inc ( NASDAQ: ABNB) are 0.8% lower at $118.56 at last check, after the online lodging company issued softer guidance for the fourth

By The Motley Fool
November 2, 2023

Unlocking the Potential of Airbnb: Market Advantages Explained

Airbnb's business is running like clockwork and this is why.

By PYMNTS
November 1, 2023

Airbnb CEO Says Gen AI Can Turn App Into ‘Ultimate Travel Agent'

Airbnb announced its third-quarter earnings on Wednesday (Nov. 1), marking a profitable quarter driven by a record summer travel season and robust gr

By Zacks Investment Research
November 1, 2023

Airbnb, Inc. (ABNB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Airbnb, Inc. (ABNB) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile

By Yahoo Finance
November 1, 2023

Airbnb Q3 earnings: Revenue up 18%, but guidance disappoints, warns of Q4 'volatility'

Airbnb (ABNB) reported third quarter revenue of $3.4 billion, about in line with analyst estimates. The company also reported 113.2 million nights and

By TechXplore
November 1, 2023

Airbnb posts $4.4 billion 3Q profit with help from a tax break and higher-than-expected revenue

Airbnb said Wednesday it earned $4.37 in the third quarter as it booked a large tax benefit and posted higher-than-expected revenue during the summer

By Proactive Investors
November 1, 2023

Airbnb 3Q revenue beats estimates as weak guidance send shares lower

Airbnb Inc (NASDAQ:ABNB) shares moved lower after the closing bell as the alternative accommodation platform projected weaker-than-expected fourth qua

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