Key TakeawaysThe S&P 500 ticked lower by less than 0.1% on Friday, Feb. 14, as retail sales data revealed a retreat in consumer spending during January.Airbnb stock soared after the vacation rental provider beat quarterly estimates, highlighting its ambition to become a comprehensive destination for travel and living needs.Website domain provider GoDaddy posted lower-than-expected fourth-quarter profits, and its shares dropped. Major U.S. equities indexes were mixed to wrap up a week of trading that spotlig ...

Airbnb (ABNB) reported fourth-quarter 2024 adjusted earnings of 73 cents per share, comfortably beating the Zacks Consensus Estimate by 25.86%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.ABNB’s earnings beat the Zacks Consensus Estimate twice and missed in the remaining two of the trailing four quarters, the earnings surprise being 23.94%, on average.Revenues of $2.48 billion increased 11.8% year over year, both on a reported and FX-neutral basis. The top line beat the Zacks Conse ...

Core Insights - Airbnb shares surged 14% following stronger-than-expected fourth-quarter earnings, marking a significant increase in stock performance [1] - The company reported earnings of 73 cents per share on $2.48 billion in revenue, exceeding analyst estimates of 58 cents per share and $2.42 billion in revenue, with a 12% year-over-year revenue growth [2] - Airbnb's net income reached $461 million, a turnaround from a loss of $349 million in the same quarter last year, with adjusted profit showing a 4% year-over-year growth [3] Financial Performance - Gross booking value increased to $17.6 billion, surpassing the forecast of $17.2 billion, with 111 million nights and experiences booked, reflecting a 12% year-over-year growth [4] - The company plans to invest $200 million to $250 million to scale new business opportunities, aiming to enhance the Airbnb app to serve as a comprehensive platform for travel and living needs [5] - Despite strong fourth-quarter results, Airbnb provided a light revenue guidance for the current quarter, estimating $2.23 billion to $2.27 billion, below the $2.3 billion estimate [6] Strategic Initiatives - Airbnb is executing a multi-year strategy to enhance core services, accelerate global market growth, and launch new offerings, indicating a commitment to long-term development [3] - The CEO mentioned the potential for new business ventures to generate $1 billion in revenue, with plans to launch one or two new businesses annually over the next five years [6] - The company has also been active in community support, housing over 19,000 people and 2,300 pets affected by recent wildfires, receiving $27 million in donations [7]

Airbnb wants to be a one-stop shop for travel.In this video, I will cover Airbnb's (ABNB 14.63%) latest earnings and explain why the stock is soaring on Friday. 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 Feb. 13, 2025. The video was published on Feb. 13, 2025. ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Airbnb is accessed by about 1.6 billion devices per year, according to CEO Brian Chesky, “but we’re not a frequently used app.”To address this, the company is investing in refining its mobile app, streamlining the booking process, and offering a more tailored experience, Chesky explained during Airbnb’s fourth-quarter earnings Thursday (Feb. 13). This ties directly to Airbnb’s overarching strategy to increase growth by elevating the user experience for guests and hosts.Modernizing Airbnb’s App“We want the A ...

Airbnb, Inc. (NASDAQ:ABNB) Q4 2024 Earnings Conference Call February 13, 2025 4:30 PM ET Company Participants Angela Yang - Director, Investor Relations Brian Chesky - Co-Founder & Chief Executive Officer Ellie Mertz - Chief Financial Officer Conference Call Participants Stephen Ju - UBS Richard Clarke - Bernstein Eric Sheridan - Goldman Sachs Justin Patterson - KeyBanc Brian Nowak - Morgan Stanley Ron Josey - Citi James Lee - Mizuho Jed Kelly - Oppenheimer Doug Anmuth - JPMorgan Lee Horowitz - Deutsche Ban ...

For the quarter ended December 2024, Airbnb, Inc. (ABNB) reported revenue of $2.48 billion, up 11.8% over the same period last year. EPS came in at $0.73, compared to $0.76 in the year-ago quarter.The reported revenue represents a surprise of +2.47% over the Zacks Consensus Estimate of $2.42 billion. With the consensus EPS estimate being $0.58, the EPS surprise was +25.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Thursday, February 13, 2025Markets rallied this afternoon after decent gains earlier. We were supposed to see the start of major tariffs being levied on our global trading partners, but they have yet to be set. The market lives to fret over trade taxes another day.The Dow surged +362 points, +0.77%, while the S&P 500 gained +63 points, +1.04% — and the seventh close at or above 6100 in the past three weeks. The Nasdaq grew +295, +1.50%, and the small-cap Russell 2000 rose +24 points, +1.08%.Big Earnings Aft ...

Airbnb (ABNB) swung to a bigger-than-expected profit in the fourth quarter, sending shares soaring in extended trading Thursday. The company’s revenue grew 12% year-over-year to $2.5 billion, above the analyst consensus tracked by Visible Alpha. Its net income of $461 million, or 73 cents per share, compared to a loss of $349 million, or 55 cents per share, a year earlier, beating expectations.  The gains came as bookings rose 12% to 111 million, with growth across regions. Airbnb's gross booking value was ...