Recap: TripAdvisor Q4 Earnings
Portfolio Pulse from Benzinga Insights
TripAdvisor (NASDAQ:TRIP) reported Q4 earnings with a significant beat on estimated earnings, achieving an EPS of $0.38 versus the estimated $0.22, marking a 72.73% beat. Revenue increased by $36.00 million from the same period last year. The company has a history of beating EPS estimates, which in the past has led to a share price increase the following day.
February 14, 2024 | 9:25 pm
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TripAdvisor reported a significant beat on Q4 earnings, with an EPS of $0.38 against an estimate of $0.22 and a revenue increase of $36M from last year.
The substantial beat on both earnings and revenue expectations, combined with TripAdvisor's history of post-earnings share price increases, suggests a positive short-term impact on TRIP's stock price. The company's consistent performance in surpassing earnings estimates in previous quarters further supports this outlook.
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IMPORTANCE 90
RELEVANCE 100