Previous Close | 0.2100 |
Open | 0.2900 |
Bid | 0.3100 |
Ask | 0.3400 |
Strike | 135.00 |
Expire Date | 2024-05-10 |
Day's Range | 0.2000 - 1.3600 |
Contract Range | N/A |
Volume | |
Open Interest | 877 |
Shares of Airbnb (ABNB) are trading lower despite the company beating estimates in its first quarter results. Airbnb posted revenue of $2.14 billion, surpassing analyst estimates of $2.06 billion. On adjusted earnings per share, the company reported $0.41 a share, topping Wall Street expectations of $0.30 per share. However, the company's second quarter revenue outlook fell short of estimates, weighing on shares. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Airbnb stock fell despite an earning beat, as the short-term rental company gave light sales guidance.
Online accommodations platform Airbnb (NASDAQ:ABNB) announced better-than-expected results in Q1 CY2024, with revenue up 17.8% year on year to $2.14 billion. On the other hand, next quarter's revenue guidance of $2.71 billion was less impressive, coming in 1.1% below analysts' estimates. It made a GAAP profit of $0.41 per share, improving from its profit of $0.17 per share in the same quarter last year.