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.
