Liberty TripAdvisor Hldgs Q1 EPS $(0.86) Down From $(0.41) YoY, Sales $395.00M Up From $371.00M YoY
Portfolio Pulse from saritha@benzinga.com
Liberty TripAdvisor Holdings (LTRPA) reported a Q1 EPS of $(0.86), a 109.76% decrease from $(0.41) YoY, with sales rising 6.47% to $395M from $371M YoY.
May 08, 2024 | 12:39 pm
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NEGATIVE IMPACT
Liberty TripAdvisor Holdings reported a significant decrease in EPS alongside a moderate increase in sales for Q1.
The sharp decrease in EPS indicates a significant drop in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term. However, the increase in sales suggests some operational positives, but this is unlikely to offset the negative impact of the earnings decrease.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100