Airbnb shares surge 12% after strong Q4 earnings beat

Investing.com -- Shares of Airbnb Inc (NASDAQ: ABNB) jumped 10% in extended trading after the company posted better-than-expected fourth-quarter earnings and issued an upbeat revenue forecast for the first quarter of this year.

The company reported Q4 per share profit of $0.73 surpassing analysts' estimates of $0.59. Revenue for the quarter came in at $2.48 billion, ahead of Wall Street’s expectation of $2.43 billion.

Airbnb expects revenue in the range of $2.23 billion to $2.27 billion for the first quarter of 2025, while analyst estimates are at $2.3 billion.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Medtronic completes $550 million Scientia Vascular acquisition
• 51Talk Online Education Group (COE) Reports Q1 EPS of $0.00