Airbnb (ABNB) earnings Q3 2021

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…