Airbnb (ABNB) earnings Q2 2022


Brian Chesky, CEO and Co-founder of Airbnb

Mike Segar | Reuters

Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program.

Shares were down about 9% after hours, despite what appeared to be a strong report, suggesting Wall Street was looking for faster growth and a revenue beat. The company also said it was impacted by flight cancellations at the end of the quarter.

Here are the key numbers:

  • Earnings per share: $0.56 vs. $0.43 expected by analysts, according to Refinitiv.
  • Revenue: $2.10 billion vs. $2.11 billion expected by analysts, according to Refinitiv.

Airbnb, like…

Source cnbc.com

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