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TripAdvisor misses estimates, and its call contains clues to weakness

07/24/2014| 10:11:55 PM| 中文

TripAdvisor tripped today. The sprawling user-review platform revealed its earnings for the second quarter of its fiscal year, and the company has disappointed Wall Street by doing worse than most analysts forecast.

The headline number: TripAdvisor missed analyst expectations as averaged by Estimize, reporting adjusted earnings per share of 55 cents — as opposed to consensus estimates of 62 cents a share.

Until now, TripAdvisor had missed estimates only once since its 2012 initial public offering (IPO).

Why the hiccup: Part of the explanation for its slip is that net income rose only $1 million year-over-year — from $67 million in the second quarter last year to $68 million in comparable summer period this year.

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TAGS: TripAdvisor | restaurant booking | hotel booking | financial results
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