ABNB Q1 Earnings Miss Expectations, Revenues Increase Y/Y

Airbnb (ABNB) reported first-quarter 2025 adjusted earnings of 24 cents per share, which missed the Zacks Consensus Estimate by 4%.Revenues of $2.272 billion increased 6.1% year over year on a reported basis and 8% on a forex-neutral basis. The top line beat the Zacks Consensus Estimate by 0.44%. The year-over-year increase primarily driven by solid growth in nights stayed, partially offset by a slight decrease in Average Daily Rate (ADR). ABNB’s Q1 Revenue DetailsThe first-quarter 2025 Gross Booking Value ...