Airbnb (ABNB) Tops Q1 EPS by 18c, Beats on Revenue; Offers Q2 Guidance

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Go back to Airbnb (ABNB) Tops Q1 EPS by 18c, Beats on Revenue; Offers Q2 Guidance

Airbnb (ABNB) stock falls 8% on soft revenue guidance and room nights growth

May 8, 2024 4:11 PM EDT

(Updated - May 9, 2024 4:59 AM EDT)

Airbnb (NASDAQ: ABNB) saw its shares tumble 8% in premarket trading Thursday after the vacation rental company reported its financial results for the fiscal Q1 2024.

The company posted earnings per share (EPS) of $0.41, exceeding analyst expectations of $0.23. The company generated $2.14 billion in revenue during the period, surpassing the consensus estimate of $2.06... More