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San Francisco, California-based Airbnb, Inc. (ABNB) provides a marketplace that connects hosts and guests online or through mobile devices to book rooms, spaces, and experiences. With a market cap of $79.1 billion, Airbnb operates across various countries in the Americas, the Indo-Pacific, Africa, Europe, and the Middle East.
The travel-tech giant is set to unveil its Q3 results after the market closes on Thursday, Nov. 6. Ahead of the event, analysts expect ABNB to report a non-GAAP profit of $2.29 per share, up 7.5% from $2.13 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s earnings projections twice over the past four quarters, it has missed the estimates on two other occasions.