Airbnb (ABNB -0.23%) is revolutionizing the travel industry with its broad-based approach to serving accommodation needs.*Stock prices used were the afternoon prices of Nov. 14, 2024. The video was published on Nov. 16, 2024. ...

Destin, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- A recent survey of 1,042 Americans over the age of 18 by the Vacationer, a one-stop resource for all things travel, revealed that 50% of respondents plan to travel during the Thanksgiving and Christmas season. Of those planning to travel in 2024, around 22% will journey solely for Thanksgiving, and nearly 29% will travel for both Thanksgiving and the holidays of Christmas, Hanukkah and Kwanzaa. Many of these trips will be to private residences, including vacat ...

The long-term outlook for Airbnb continues to be strong.Shares of Airbnb (ABNB 2.59%) dropped after earnings because the company was a little cautious about future growth. But buried in the conference call was a vision for a much bigger company. In this video, Travis Hoium shows how Airbnb can be much more than it is today.*Stock prices used were end-of-day prices of Nov. 8, 2024. The video was published on Nov. 11, 2024. ...

Airbnb (ABNB) reported third-quarter 2024 adjusted earnings of $2.13 per share, missing the Zacks Consensus Estimate by 1.84%. The latest lag follows the second-quarter 2024's miss of 6.52%. ABNB's earnings beat the Zacks Consensus Estimate in the remaining two of the trailing four quarters, the earnings surprise being 20.83%, on average. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues of $3.73 billion increased 10% year over year, both on a reported and FX-neutral basis. Th ...

Investors should be looking to buy wonderful businesses at good prices.In this video, I will go over Airbnb's (ABNB -8.94%) third-quarter earnings report and explain why this was a solid quarter despite the stock's reaction. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 7, 2024. The video was published on Nov. 8, 2024. ...

Shares of Airbnb Inc ABNB tumbled in early trading on Friday, after the company reported downbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Airbnb Analyst Thomas Champion maintained a Neutral, while raising the price target from $125 to $145. Airbnb reported third-quarter gross bookings and revenues of $20.1 billion and $3.7 billion, up 10% year-onyear and 9% year-on-year, respective, with both coming in hi ...

Airbnb Inc (NASDAQ:ABNB) stock is 9.2% lower at $134.80 at last glance following a mixed third-quarter earnings report. The online vacation home rental company reported earnings per share of $2.13 that missed expectations by one cent, and slightly better-than-expected revenue of $3.73 billion. Profits were pressured by the company's spending efforts to break into international markets.Pacing for its worst daily percentage loss since May 2023, ABNB is on track to snap a five-day winning streak and is erasing ...

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Financial Data and Key Metrics Changes - Revenue grew 10% year-over-year to $3.7 billion [7] - Net income was $1.4 billion, representing a net income margin of about 37% [7] - Free cash flow generated was $1.1 billion, with a total trailing 12-month free cash flow of $4.1 billion [7] - The company repurchased $1.1 billion of its shares in the quarter, with $4.2 billion remaining on its repurchase authorization [8] Business Line Data and Key Metrics Changes - Nights and experiences booked totaled 123 million, with bookings returning to double-digit growth by the end of Q3 [6][25] - Nights booked on the app increased 18% year-over-year, accounting for 58% of total nights booked, up from 53% in the same period last year [16] - The growth rate of nights booked in expansion markets more than doubled that of core markets [14] Market Data and Key Metrics Changes - Guest demand accelerated throughout Q3, with normalized global lead times [15] - Specific growth was noted in underpenetrated markets, with Brazil's destination nights tripling compared to pre-pandemic levels [53] - Japan is identified as a significant market for future growth, with ongoing brand campaigns to raise awareness [18][53] Company Strategy and Development Direction - The company is focused on three strategic initiatives: making hosting mainstream, prospecting core services, and expanding beyond core markets [8] - The introduction of co-host networks aims to make hosting easier and attract more hosts [10][22] - The company plans to launch 1 to 2 new businesses annually that will generate $1 billion or more in revenue [51] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth potential, emphasizing the importance of quality and reliability in driving bookings [69] - The company anticipates that nights booked will accelerate in Q4 relative to Q3, despite tougher year-over-year comparisons [25] - Management highlighted the need for continued investment in growth initiatives, particularly in global markets and new products [41][42] Other Important Information - The company has removed over 300,000 listings that did not meet quality standards, leading to improved customer service metrics [20][71] - The introduction of AI-powered customer service is underway, with plans for phased implementation [72][75] Q&A Session Summary Question: Supply growth and co-hosting impact - Management noted that supply growth continues to exceed demand, with a focus on quality over quantity [30] - Co-hosting initiatives are expected to unlock additional supply, particularly from everyday people [32] Question: Geographic performance and co-hosting materiality - Acceleration in bookings was noted across all major regions, particularly in EMEA post-Olympics [35] - Co-hosting has shown promising results in pilot markets, but scaling will take time [36] Question: Q4 EBITDA margin guidance - The guidance implies margin compression due to increased investment in product development and marketing [38] Question: Attracting the next billion guests - Management emphasized the importance of quality, affordability, and usability in attracting new guests [46] Question: Expansion markets and growth contribution - Core markets represent about 75% of gross booking value, with significant opportunities in emerging markets like Brazil and Japan [53] Question: Long-term growth algorithm - The company aims to optimize its core offering while expanding into new markets, with a focus on reducing barriers to booking [57][58] Question: New services and revenue growth - New services are expected to generate incremental revenue, but significant scaling will take time [80] Question: Experiences and engagement - Experiences are anticipated to increase overall engagement and frequency of usage, appealing to local customers as well [100]

Airbnb (NASDAQ: ABNB ) stock is experiencing volatility after the close Thursday following third quarter earnings. The company continues to see increases in bookings and to generate robust cash flow without investing much capital, a winning combo from an investmentTo follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning ...