Despegar.com: Strong Growth In Revenue And Gross Bookings Led By Brazilian Market [Seeking Alpha]
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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US:NYSE Investor Relations:
investor.despegar.com
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Source: Seeking Alpha
The company's recent earnings report showed a 31% increase in gross bookings as compared to the previous year. Despegar.com also continues to maintain a strong balance sheet overall. I continue to take a long-term bullish view on Despegar.com. Investment Thesis: I take a bullish view on Despegar.com ( NYSE: DESP ) due to strong growth in gross bookings and revenue as well as strong performance across the Brazilian market. In a previous article back in August 2023, I made the argument that Despegar.com has the capacity for further upside going forward, given strong recovery in earnings and vibrant growth across the Brazilian market. Since then, the stock has ascended to a price of $11.19 at the time of writing: The purpose of this article is to assess whether Despegar.com has the ability to see continued growth from here taking recent performance into consideration. Performance When looking at the most recent earnings results for Despegar.com which were released on Mar
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DESP
News
- Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023Business Wire
- 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
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/26/24 - Form 20-F
- 4/3/24 - Form SC
- 3/14/24 - Form 6-K
- DESP's page on the SEC website