RARE PHOTOS: Here s what to expect from airbnb s next earnings report - The Real Truth

California-based Airbnb, Inc. (ABNB) operates a marketplace that enables hosts to offer stays and experiences to guests worldwide. Valued at a market cap of nearly $85 billion, the company acts as a broker. It charges a commission from each booking and primarily offers private rooms, primary homes, and vacation homes. It is expected to announce its fiscal Q3 earnings results on Wednesday, Nov. 6. 

Ahead of this event, analysts project the vacation rental company to report a profit of $2.17 per share, down 9.2% from $2.39 per share in the year-ago quarter.  The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one another occasion. Its earnings of $0.86 per share in the last quarter missed the consensus estimates by 6.5% and decreased 12.2% from a year ago.