Earnings

Airbnb (ABNB) earnings Q2 2021

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Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from the Covid delta variant.

Here’s how the company did:

  • Earnings: Loss of 11 cents per share
  • Revenue: $1.34 billion vs. $1.26 billion forecast by Refinitiv

The company reported 83.1 million nights and experiences booked, up 29% from the first quarter and up a whopping 197% year over year after the travel industry collapsed a year ago amid the Covid-19 pandemic. Analysts polled by StreetAccount had expected 79.2 million nights and experiences booked.

Revenue came in at $1.34 billion, up…



Source cnbc.com

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