Despegar.com Is Still Waiting to Take Off [The Motley Fool]
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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Source: The Motley Fool
The leading Latin American travel portal beat Wall Street in each of its first three quarters as a public company, but the stock is barely above its $26 IPO price. Rick Munarriz ( TMFBreakerRick ) May 10, 2018 at 3:27PM Sometimes even a solid earnings beat isn't enough to stir up interest in one of last year's forgotten debutantes. Argentina's Despegar.com ( NYSE:DESP ) posted better-than-expected financial results on Thursday morning, but its stock continues to meander near last year's IPO price. The Latin America online travel specialist saw its revenue rise 22% to $148.6 million for its first quarter, fueled by a 21% uptick in gross bookings. Net income clocked in at $16.4 million, or $0.24 a share, up 35% compared to the prior year's results on a pro forma basis. It was a solid beat on both ends of the income statement, as analysts were target
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DESP
News
- Despegar.com (DESP) Is Up 3.38% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Has Despegar.com (DESP) Outpaced Other Transportation Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- The Ministry of Tourism of the Dominican Republic Held Tourism Tradeshow in Miami for Partners Across the Americas [Yahoo! Finance]Yahoo! Finance
- Despegar Celebrates 25 Years Transforming Latin America’s Travel Industry Through InnovationBusiness Wire
- Despegar.com, Corp. (NYSE: DESP) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $14.00 price target on the stock.MarketBeat
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/3/24 - Form SC
- 3/14/24 - Form 6-K
- 2/14/24 - Form SC
- DESP's page on the SEC website