TripAdvisor's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
TripAdvisor (NASDAQ:TRIP) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.46. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $14.66, down 34.29% over the last 52-week period.
November 03, 2023 | 4:02 pm
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NEGATIVE IMPACT
TripAdvisor's upcoming earnings report could impact its stock price, especially if it misses estimates as it has in the past. The stock has been on a downward trend, losing 34.29% over the last 52 weeks.
TripAdvisor's stock price has shown a tendency to drop following earnings misses. Given that the stock has been on a downward trend over the past year, another miss could further depress the stock price. Therefore, the upcoming earnings report is highly relevant and important for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100