Airbnb, Inc. (ABNB) shares soared over 12% in after-hours trading on Thursday following the company's impressive fourth-quarter financial results and an optimistic outlook for 2025, driven by sustained strong travel demand.
The vacation rental platform reported fourth-quarter revenue of $2.48 billion, surpassing analyst expectations of $2.42 billion. Additionally, Airbnb's adjusted earnings per share came in at $0.72, outperforming the consensus forecast of $0.58 per share. The robust performance was fueled by higher nights booked and a modest increase in average daily rates.
For the first quarter of 2025, Airbnb projected revenue between $2.23 billion and $2.27 billion, slightly below Wall Street's estimate of $2.29 billion. However, the company expressed confidence in continuing its growth momentum, aiming to build upon the success of the previous year when it outperformed the broader travel industry.
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