Airbnb (NASDAQ:ABNB) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Airbnb beat estimated earnings by 157.14%, reporting an EPS of $0.18 versus an estimate of $0.07.
Revenue was up $309.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 13.35% increase in the share price the next day.
Here’s a look at Airbnb’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 1.45 | 0.44 | -0.29 |
| EPS Actual | 0.48 | 1.79 | 0.56 | -0.03 |
| Revenue Estimate | 1.86B | 2.84B | 2.11B | 1.45B |
| Revenue Actual | 1.90B | 2.88B | 2.10B | 1.51B |
To track all earnings releases for Airbnb visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
