Despegar.com, Corp. (NYSE:DESP) is reporting third quarter financial results on Thursday 12th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DESP is expected to report 3Q20 loss of $ 0.41 per share from revenue of $ 14.11 million.
For the full year, analysts anticipate top line of $ 150.43 million, while looking forward to loss of $ 1.53 per share bottom line.
Stock Performance
Shares of Despegar.com, Corp. traded up $ 0.18 or 1.90 percent on Wednesday, reaching $ 9.64 with volume of 345.50 thousand shares. Despegar.com, Corp. has traded high as $ 9.78 and has cracked $ 9.44 on the downward trend
The closing price of $ 9.64, representing a 113.06 % increase from the 52 week low of $ 4.44 and a 38.73 % decrease over the 52 week high of $ 15.44.
The company has a market capital of $ 674.28 million and is part of the Consumer Cyclical sector and Leisure industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 7.50 target price.
Conference Call
Despegar.com, Corp. will be hosting a conference call at 8:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-844-750-4865 Toll Free, (United States) or 1-412-317-5275 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.despegar.com.ar
Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its Websites and mobile applications in Latin America. The company operates through two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets, packages, hotels, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace under the Despegar and Decolar brands.
