Airbnb, Inc. (ABNB) closed the latest trading day at $135.78, indicating a +0.89% change from the previous session’s end. This change outpaced the S&P 500’s 0.27% gain on the day. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%.
Heading into today, shares of the company had gained 4.94% over the past month, outpacing the Consumer Discretionary sector’s gain of 1.51% and the S&P 500’s gain of 2% in that time.
The investment community will be closely monitoring the performance of Airbnb, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on November 7, 2024. It is anticipated that the company will report an EPS of $2.17, marking a 9.21% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.72 billion, indicating a 9.58% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast…