UPDATE: Oppenheimer Downgrades TripAdvisor (TRIP) to Perform
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Go back to UPDATE: Oppenheimer Downgrades TripAdvisor (TRIP) to Perform
November 6, 2015 8:45 AM EST
Guggenheim downgraded TripAdvisor (NASDAQ: TRIP) from Buy to Neutral and removed its price target (prior $85.00).
For an analyst ratings summary and ratings history on TripAdvisor click here. For more ratings news on TripAdvisor click here.
Shares of TripAdvisor closed at $83.11 yesterday.
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November 6, 2015 7:56 AM EST
TripAdvisor's (NASDAQ: TRIP) Instant Booking is proving to be a painful transition. TRIP reported 3Q15 revenue of $415mm up 17% y/y but 4% below consensus estimates. Non-GAAP EPS of $0.53 was up 11% y/y which was 1% below estimates). TRIP is changing its business model to be a booking engine and move down the purchase funnel to share revenue at the point of booking. This... More
November 5, 2015 4:00 PM EST
TripAdvisor (NASDAQ: TRIP) reported Q3 EPS of $0.53, $0.02 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $415 million versus the consensus estimate of $430.23 million.
For earnings history and earnings-related data on TripAdvisor (TRIP) click here.
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