Expedia Group's (EXPE) Q2 Earnings Beat, Revenues Rise Y/Y [Yahoo! Finance]
trivago N.V. - American Depositary Shares (TRVG)
Last trivago n.v. - american depositary shares earnings: 2/13 04:01 pm
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Source: Yahoo! Finance
EXPE delivered second-quarter 2023 adjusted earnings of $2.89 per share, up 48% from the year-ago quarter. The figure beat the Zacks Consensus Estimate by 24.6%. Revenues of $3.36 billion rose 6% year over year. The figure missed the Zacks Consensus Estimate of $3.37 billion. Year-over-year revenue growth was driven by solid travel demand. The strong performance delivered by the B2B segment of the company contributed well. This apart, growing gross bookings owing to solid momentum in the ‘booked room nights' metric was a positive. However, softness in Trivago was a concern. The uncertain macroeconomic environment remains a negative. Coming to price performance, Expedia has gained 12.7% in the year-to-date period, underperforming the industry's growth of 34.5%. EXPE's growing efforts toward strengthening its products and technology offerings for customers remain noteworthy. The company's initiative to infuse generative AI technology into its services is expected to drive
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- I dropped out of college to work at Trivago. Now I run the company. [Business Insider]Business Insider
- Trivago N.V. ADS (NASDAQ:TRVG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its price target lowered by analysts at Citigroup Inc. from $3.80 to $3.35. They now have a "neutral" rating on the stock.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its price target lowered by analysts at Mizuho from $3.50 to $3.00. They now have a "neutral" rating on the stock.MarketBeat