Airbnb Swings to Q4 Profit, Revenue Increases -- Shares Jump

MT Newswires Live
14 Feb

Airbnb (ABNB) reported Q4 earnings Thursday of $0.73 per diluted share, compared with a loss of $0.55 a year earlier.

Analysts polled by FactSet expected earnings of $0.58 per share.

Revenue for the quarter ended Dec. 31 was $2.48 billion, up from $2.22 billion a year earlier.

Analysts surveyed by FactSet expected $2.42 billion.

The company said it expects Q1 revenue between $2.23 billion and $2.27 billion.

Analysts polled by FactSet expect $2.30 billion.

Airbnb shares were up nearly 14% in after-hours activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10