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Dipanjan Banchur

REVEALED: Earnings preview what to expect from airbnb s report | Vintage Vibes

Airbnb ABNB

Airbnb, Inc. (ABNB), headquartered in San Francisco, California, operates a platform that enables hosts to offer stays and experiences to guests. Valued at $94.60 billion by market cap, the company offers lodging, homestay, and tourism services via websites and mobile applications. The online accommodations platform is expected to announce its fiscal second-quarter earnings for 2024 on Thursday, Aug. 1.

Ahead of the event, analysts expect ABNB to report a profit of $0.91 per share on a diluted basis, down 7.1% from $0.98 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. In the previous quarter, ABNB’s active listings increased 15% year over year, and gross booking value rose 12% year-over-year to $22.90 billion.

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