Despegar.com (NYSE:DESP) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Despegar.com missed estimated earnings by 257.14%, reporting an EPS of $-0.11 versus an estimate of $0.07.
Revenue was up $32.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 1.95% increase in the share price the next day.
Here’s a look at Despegar.com’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.01 | -0.08 | -0.16 |
| EPS Actual | 0.25 | -0.10 | -0.30 | -0.21 |
| Revenue Estimate | 158.85M | 155.90M | 150.25M | 139.00M |
| Revenue Actual | 165.50M | 158.71M | 145.54M | 145.60M |
To track all earnings releases for Despegar.com visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
