Airbnb shares plummeted over 8% premarket after the company's weak forecasts for the second quarter raised concerns about slowing growth. Despite beating earnings expectations for the first quarter, Airbnb's guidance for the current quarter fell short of analysts' expectations, with projected revenue between $2.68 billion to $2.74 billion, below the anticipated $2.74 billion.
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Airbnb $ABNB earnings preview: 'Should be at least a 4 star quarter' https://t.co/FVQYktInrp https://t.co/e5GLvlLx8e
🇺🇸 Airbnb posts biggest decline in a year on weak travel outlook https://t.co/P73WNmSRW1
Airbnb posts biggest decline in a year on weak travel outlook https://t.co/p7bfCFlfga
Airbnb $ABNB 1Q24 Earnings - Rev $2.1b +18% ↗️🟢 - GP $1.7b +20% ↗️🟢 margin 78% +113 bps ✅ - Adj EBITDA $424m +62% ↗️🟢 margin 20% +538 bps - EBIT $101m ⤴️ margin 5% +499 bps ✅ - Net Inc $264m +126% ⤴️ margin 12% +589 bps ✅ - OCF $1.9b +21% ↗️🟢 margin 90% +248 bps ✅ - FCF… https://t.co/Djm1SlKMA3
EARNINGS AFTER THE CLOSE $SLF $WPM $AKAM $PODD $NTRA $TREX $U $HRB $MARA $DIOD EARNINGS BEFORE OPEN TOMORROW $ENB $CRH $CPG $DOCN $ROAD $CMRE $DNOW
Shares of Airbnb $ABNB tumbled approximately 6% on the back of the company reporting a slowdown in growth in its Nights and Experienced Booked business: https://t.co/G7aMvYJPRn How Airbnb $ABNB (-6.57%) Makes Its Money: https://t.co/Zd37ibi44K #investing #stocks… https://t.co/FSivBsFReI
The Trade Desk $TTD 1Q24 Earnings - Rev $491m +28% ↗️🟢 - Adj EBITDA $162m +49% ↗️🟢 margin 33% +452 bps - NG Net Inc $131m +14% ↗️🟢 margin 27% -327 bps ↘️🔴 - OCF $185m -1% ➡️🟡 margin 38% -1124 bps ↘️🔴 - FCF $176m -0% ➡️🟡 margin 36% -1034 bps ↘️🔴 Biz Metrics (% share) - CTV… https://t.co/K86If0XDBa
Airbnb said revenue for the current quarter ending in June will be $2.68 billion to $2.74 billion. Analysts had been expecting $2.74 billion. Alexandra Semenova reports https://t.co/kSWb9ppqUf https://t.co/7tbOlD8YyA
Shopify $SHOP 1Q23 Earnings ⤴️💪🏻 - Rev $1.9b +23% / +29% (ex-logistics) ↗️🟢 - GP $957m +33% ↗️🟢 margin 51% +388 bps ✅ - NG EBIT $201m ⤴️ margin 11% +1286 bps ✅ - NG Net Inc $256m +2033% ⤴️ margin 14% +1296 bps ✅ - OCF $238m +138% ⤴️ margin 13% +616 bps ✅ - FCF $232m +170%… https://t.co/3hFHJ8TVAp
Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance https://t.co/EhefqByrnM
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$ABNB (-8.5% pre) Airbnb Set for Biggest Decline in a Year on Weak Travel Outlook https://t.co/xdQwGyCucC
Airbnb slumps as gloomy forecast fans slowdown fears https://t.co/p9aDsCdD5g https://t.co/bbkwNOuHKO
⚠️ AIRBNB SLUMPS AS GLOOMY FORECAST FANS SLOWDOWN FEARS Full Story → https://t.co/wYNcOiA7Gs Airbnb shares tumbled more than 8% premarket on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took… https://t.co/zyaX7vmE6y
Here's what 5 analysts think about Airbnb's earnings report https://t.co/ZNzuW5nrvl https://t.co/rInByu0LgF