trivago Q2 2024 GAAP EPS $(0.01) Beats $(0.04) Estimate, Sales $127.640M Beat $119.191M Estimate
Portfolio Pulse from Benzinga Newsdesk
trivago (NASDAQ:TRVG) reported Q2 2024 GAAP EPS of $(0.01), beating the $(0.04) estimate. Sales were $127.640M, surpassing the $119.191M estimate but down 5.89% from last year's $135.626M.
July 30, 2024 | 8:43 pm
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trivago (NASDAQ:TRVG) reported Q2 2024 GAAP EPS of $(0.01), beating the $(0.04) estimate by 75%. Sales were $127.640M, surpassing the $119.191M estimate by 7.09% but down 5.89% from last year's $135.626M.
trivago's better-than-expected EPS and sales figures are positive indicators for the stock. Despite a year-over-year sales decline, beating analyst estimates by significant margins is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100