Earnings Outlook For Airbnb
Portfolio Pulse from Benzinga Insights
Airbnb (NASDAQ:ABNB) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts estimating an EPS of $0.64. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 3.32% drop. Shares are currently trading at $147.595, up 25.93% over the last 52 weeks, indicating a positive long-term outlook. Investors will be keenly watching for both the earnings outcome and the company's future guidance.
February 12, 2024 | 3:02 pm
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Airbnb is expected to report an EPS of $0.64 for the latest quarter. Historical data shows mixed reactions to past earnings, with a significant 25.93% increase in stock price over the last year.
Given Airbnb's positive long-term stock performance and the anticipation surrounding its earnings report and future guidance, there's a likely short-term positive impact. However, past performance shows that even earnings beats can lead to price drops, indicating market sensitivity to guidance over actual earnings.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100