Airbnb's Earnings to Surge 43.8%
- Earnings estimate revised upwards by 2.3% in last 30 days
- Next fiscal year earnings estimate suggests 47.6% decrease
- Current and next fiscal year sales estimates are $9.86 billion and $11.06 billion
Airbnb, Inc. is expected to post quarterly earnings of $0.69 per share, reflecting a year-over-year increase of 43.8%. Over the last 30 days, this estimate has been revised upwards by 2.3%. For the current fiscal year, the earnings estimate is $8.40, indicating a year-over-year change of 201.1%. This estimate has been revised upwards by 0.8% over the past month. However, for the next fiscal year, the earnings estimate of $4.40 suggests a decrease of 47.6% from the expected report of the current year.
The sales estimate for the current quarter is $2.16 billion, suggesting a year-over-year increase of 13.7%. The estimates for the current and next fiscal years are $9.86 billion and $11.06 billion, respectively, indicating changes of 17.4% and 12.2%.
In the last reported quarter, Airbnb, Inc. reported revenues of $3.4 billion, a year-over-year change of 17.8%. The reported EPS for the same period was $2.39, compared to $1.79 a year ago. The company has consistently exceeded earnings per share estimates in each of the trailing four quarters.