Airbnb shares rose as much as 13.3% in premarket trade on Friday after the vacation home rentals company beat Wall Street estimates for fourth-quarter results, boosted by strong international travel demand.
Airbnb (NASDAQ: ABNB) handily beat Wall Street expectations when it reported its fourth-quarter 2024 financial results on Feb. 13. Revenue of $2.5 billion and earnings per share of $0.73 for the three-month period were both well ahead of consensus analyst estimates.
Key Takeaways Airbnb shares moved sharply higher in early trading Friday after the short-term rentals company topped Wall Street’s fourth quarter earnings and revenue expectations amid robust demand across global markets.
Wall Street fell short of a record high as the S&P 500 ended flat amid mixed corporate earnings. While Airbnb and Wynn Resorts exceeded expectations, Applied Materials' forecast disappointed. Treasury yields eased following weak retail sales data.
U.S. stock indexes are near record highs as Wall Street digests mixed profit reports from major companies. The S&P 500 remains close to its all-time high, with Airbnb shares surging on strong earnings.
Chief Executive Brian Chesky said he wants to gradually expand beyond Airbnb’s bread-and-butter homesharing business. The investments come as consumers have been spending less on leisure travel.
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Uber (NYSE: UBER) is winning over investors in remarkable fashion. Its shares have accelerated 132% higher in the past two years. The momentum has continued into 2025, driven by fourth-quarter 2024 financial results that pleased the market.
Airbnb shares soared in early trading Friday after the short-term rentals company topped Wall Street’s fourth quarter earnings and revenue expectations amid robust demand across global markets. Watch these important chart levels.
Wall Street approaches record levels as investors navigate mixed economic signals and corporate earnings reports.
Airbnb (ABNB) is positioned for growth with strong demand and rising revenue, but valuation concerns weigh. Explore analyst insights and future forecasts.
Here’s a look at how Airbnb fared in the latest reported quarter based on the key metrics tracked and projected by Wall Street analysts: Gross Booking Value: $17.60 billion versus $17.18 billion ...
Wall Street edged back from an all-time high following mixed profit reports from big companies. The S&P 500 barely budged on Friday and slipped by a hair, a day after rallying within 0.1% of its record set last month.
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