Earnings

Airbnb (ABNB) earnings Q3 2021

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Rafael Henrique | LightRocket | Getty Images

Airbnb reported strong third-quarter profit growth and a beat on revenue estimates Thursday, as the company continues its recovery from Covid-19 and travel returns as vaccinations efforts ramp up worldwide.

Shares briefly rose more than 3% in after-hours trading before paring gains.

Here’s how Airbnb did compared with Wall Street estimates:

  • Earnings per share: $1.22, which is not comparable to estimates
  • Revenue: $2.24 billion vs. $2.05 billion estimated by Refinitiv

The company reported 79.7 million nights and experiences booked in the third quarter, a slight decrease from the second quarter. That was still up 29% year over year, when Covid-19…



Source cnbc.com

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