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0.000447116034040316 -0.000405241118465502 -0.000378225043901008 -0.000810482236931005 -0.00243144671079282 -0.00364717006618933 -0.0068215588275023 -0.0068215588275023
Stock impact report

Airbnb (ABNB) Q1 Earnings & Revenues Beat, Increase Y/Y [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
The bottom line beat the Zacks Consensus Estimate by 78.3%. Revenues of $2.14 billion increased 18% on a reported basis, as well as on an FX-neutral basis, year over year. The top line also surpassed the Zacks Consensus Estimate by 3.7%. The year-over-year increase was driven by continued strength in travel demand and the timing of the Easter holiday. Continuous improvement in Nights and Experiences Booked acted as a tailwind. Growing gross nights booked, owing to the solid momentum across non-urban areas and increased demand for urban and cross-border travel, remained a positive. A modest increase in Average Daily Rate was a plus. These factors aided growth in the company's Gross Booking Value (GBV) in the first quarter. Also, a solid momentum in Airbnb app downloads contributed well. Airbnb, Inc. Price, Consensus and EPS Surprise Airbnb, Inc. price-consensus-eps-surprise-chart | Airbnb, Inc. Quote Quarterly Details Nights and Experiences Booked were 132.6 million, Show less Read more
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