Despegar.com Q2 EPS $0.25 Beats $0.06 Estimate, Sales $165.50M Beat $158.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Despegar.com (NYSE:DESP) reported Q2 earnings of $0.25 per share, beating the analyst consensus estimate of $0.06 by 316.67%. The company also reported quarterly sales of $165.50 million, surpassing the analyst consensus estimate of $158.85 million by 4.19%. This represents a significant increase from the same period last year.

August 17, 2023 | 10:01 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Despegar.com's Q2 earnings and sales significantly exceeded analyst estimates, indicating a strong financial performance.
Despegar.com's Q2 earnings and sales beat analyst estimates by a significant margin. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100