Airbnb Q2 Earnings Highlights: Revenue Beat, EPS Beat, Q3 Guidance And More
Portfolio Pulse from Chris Katje
Airbnb Inc (NASDAQ:ABNB) reported Q2 revenue of $2.5 billion, up 18% YoY, beating the Street consensus estimate of $2.2 billion. EPS was 98 cents, also beating the estimate of 71 cents. Gross booking value was $19.1 billion, up 13% YoY. The company expects Q3 revenue to be between $3.3 billion and $3.4 billion, up 14% to 18% YoY, respectively. Airbnb shares are down 2% to $138.24 in after-hours trading.
August 04, 2023 | 2:39 pm
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Airbnb reported strong Q2 results, beating revenue and EPS estimates. However, shares fell 2% in after-hours trading.
Airbnb reported strong Q2 results, with both revenue and EPS beating estimates. This indicates a positive operational performance. However, despite the strong results, the company's shares fell 2% in after-hours trading. This could be due to investors' expectations being already priced in or concerns about future growth.
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RELEVANCE 100