ABNB - Airbnb Analysts Cut Their Forecasts After Q3 Results | Benzinga
Airbnb, Inc. (NASDAQ: ABNB) reported better-than-expected third-quarter financial results, but issued weak fourth-quarter forecast.
Airbnb said third-quarter revenue increased 18% year-over-year to $3.4 billion, which beat the consensus estimate of $3.37 billion. The company reported quarterly earnings of $6.63 per share, which beat analyst estimates of $2.10 per share.
Airbnb sees fourth-quarter revenue in the range of $2.13 billion to $2.17 billion, as against a consensus of $2.18 billion.
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