TripAdvisor Q4 Adj EPS $0.38 Beats $0.22 Estimate, Sales $390.00M Beat $374.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
TripAdvisor reported Q4 adjusted earnings of $0.38 per share, surpassing the consensus estimate of $0.22 by 72.73%. Quarterly sales reached $390 million, exceeding estimates of $374.44 million by 4.16% and marking a 10.17% increase from the previous year.
February 14, 2024 | 9:06 pm
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POSITIVE IMPACT
TripAdvisor's Q4 earnings and sales exceeded analyst expectations, with a significant beat on EPS and a solid sales performance.
Beating earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant beat on both fronts for TripAdvisor suggests a strong performance that could positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100