TripAdvisor (TRIP) Reports In-Line Q3 EPS, Revenues Miss

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Go back to TripAdvisor (TRIP) Reports In-Line Q3 EPS, Revenues Miss

Jefferies Cuts Price Target on TripAdvisor (TRIP) to $59 Following Mixed 3Q

November 10, 2016 9:50 AM EST

Jefferies maintained a Buy rating on TripAdvisor (NASDAQ: TRIP), and cut the price target to $59.00 (from $68.00), following the company's 3Q earnings report. Total revenue was reported at $421MM, below the Street's $437MM. Operating EPS of $0.53 beat consensus by $0.01 on lower tax rate.

Analyst Brian Fitzgerald... More