Analysts Are Optimistic We'll See A Profit From Despegar.com, Corp. (NYSE:DESP) [Yahoo! Finance]
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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Source: Yahoo! Finance
Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The US$854m market-cap company announced a latest loss of US$6.6m on 31 December 2023 for its most recent financial year result. The most pressing concern for investors is Despegar.com's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. Check out our latest analysis for Despegar.com According to the 4 industry analysts covering Despegar.com, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$78m in 2024. The company is therefore projected to breakeven around a year from now or less! How fast will the company have to grow to reach the consensus forecasts
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News
- Despegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024 [Yahoo! Finance]Yahoo! Finance
- Despegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024Business Wire
- Despegar.com, Corp. (NYSE: DESP) had its "neutral" rating re-affirmed by analysts at Citigroup Inc.. They now have a $14.50 price target on the stock, up previously from $11.50.MarketBeat
- Artisan International Explorer Fund Q1 2024 Commentary [Seeking Alpha]Seeking Alpha
- Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023Business Wire
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/29/24 - Form 6-K
- 4/26/24 - Form 20-F
- 4/3/24 - Form SC
- DESP's page on the SEC website