Airbnb Q4 Adj. EPS $0.76 Beats $0.64 Estimate, Sales $2.22B Beat $2.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
Airbnb (NASDAQ:ABNB) reported Q4 adjusted EPS of $0.76, surpassing the $0.64 estimate, and sales of $2.22B, exceeding the $2.16B estimate. This represents a 58.33% increase in earnings and a 16.61% increase in sales from the same period last year.
February 14, 2024 | 1:59 pm
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Airbnb reported a significant beat on both earnings and sales estimates for Q4, with adjusted EPS at $0.76 and sales of $2.22B, indicating strong year-over-year growth.
The substantial beat on both earnings per share and sales estimates, coupled with significant year-over-year growth, is likely to positively influence investor sentiment and potentially drive up Airbnb's stock price in the short term.
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