TripAdvisor Q2 2024 Adj. EPS $0.39 Beats $0.37 Estimate, Sales $497.000M Miss $504.834M Estimate
Portfolio Pulse from Benzinga Newsdesk
TripAdvisor (NASDAQ:TRIP) reported Q2 2024 adjusted EPS of $0.39, beating the estimate of $0.37, but sales of $497 million missed the $504.834 million estimate.
August 06, 2024 | 8:11 pm
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NEUTRAL IMPACT
TripAdvisor's Q2 2024 adjusted EPS of $0.39 beat estimates, but sales of $497 million missed expectations. The mixed results may lead to short-term volatility in the stock price.
The earnings beat is a positive sign, but the sales miss could offset this, leading to mixed investor sentiment and potential short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100