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Airbnb (ABNB)
NASDAQ:ABNB
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.59Last Year’s EPS
-$0.55Same Quarter Last Year
Based on 32 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -8.72%
|Next Earnings Date:Feb 18, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with significant growth in revenue, net income, and free cash flow. New initiatives like the Cohost Network and strategic investments in quality and global markets are promising. However, challenges like margin compression in Q4 and regulatory issues in New York City pose concerns.Company Guidance
During Airbnb's Q3 2024 earnings call, the company shared robust financial metrics and strategic guidance. Airbnb reported a 10% year-over-year revenue growth, reaching $3.7 billion, with a net income of $1.4 billion, resulting in a 37% net income margin. Free cash flow was $1.1 billion, contributing to a total trailing 12-month free cash flow of $4.1 billion. The company highlighted its strategic initiatives, including expanding its Cohost network, which saw interest from over 20,000 potential new Cohosts in three weeks, and the removal of over 300,000 low-quality listings to enhance guest satisfaction. Airbnb's global market strategy led to the growth rate of nights booked in expansion markets more than doubling compared to core markets. The company also emphasized improvements in its app, which drove an 18% year-over-year increase in nights booked via the app, now accounting for 58% of total bookings. As Airbnb looks to Q4, it anticipates accelerated growth in nights booked, supported by continued investments in global market expansions and core optimizations.Record Net Income and Margin
Airbnb achieved a net income of $1.4 billion in Q3 2024, representing a net income margin of 37%.
Strong Revenue Growth
Revenue grew by 10% year-over-year to $3.7 billion in Q3 2024.
Significant Free Cash Flow
Generated $1.1 billion in free cash flow during Q3 and $4.1 billion over the trailing 12 months.
Cohost Network Launch Success
Launched with 10,000 cohosts across 10 countries, receiving interest from over 20,000 potential new cohosts in just three weeks.
Improved Customer Metrics
Customer service contact rates decreased, guest NPS improved, and host cancellations reduced by almost 30% compared to last year.
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ABNB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ABNB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $147.37 | $134.61 | -8.66% |
| Aug 06, 2024 | $130.47 | $113.01 | -13.38% |
| May 08, 2024 | $157.90 | $147.05 | -6.87% |
| Feb 13, 2024 | $150.82 | $148.20 | -1.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Airbnb (ABNB) report earnings?
Airbnb (ABNB) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Airbnb (ABNB) earnings time?
Airbnb (ABNB) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ABNB EPS forecast?
ABNB EPS forecast for the fiscal quarter 2024 (Q4) is $0.59.
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