Street Expectation From TripAdvisor, Inc. ($TRIP) 3Q20 Earnings?

TripAdvisor, Inc. (NASDAQ:TRIP) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.26 per share.

Looking ahead, the full year loss are expected at $ 1.04 per share on the revenues of $ 654.60 million.

Previous Quarter Performance

TripAdvisor, Inc. recorded loss for the second quarter of $ 0.76 per share, from the revenue of $ 59.00 million. The quarterly revenues contracted 86.02 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.66 per share from $ 51.80 million in revenue. The bottom line results missed street analysts by $ 0.1 or 15.15 percent, at the same time, top line results outshined analysts by $ 7.20 million or 13.90 percent.

Stock Performance

Shares of TripAdvisor, Inc. traded up $ 0.14 or 0.72 percent on Wednesday, reaching $ 19.72 with volume of 1.28 million shares. TripAdvisor, Inc. has traded high as $ 20.07 and has cracked $ 19.25 on the downward trend

The closing price of $ 19.72, representing a 42.61 % increase from the 52 week low of $ 13.73 and a 52.6 % decrease over the 52 week high of $ 41.31.

The company has a market capital of $ 2.65 billion and is part of the Consumer Cyclical sector and Leisure industry.

TripAdvisor, Inc. operates as an online travel company. It operates in two segments, Hotel and Non-Hotel.

error: Content is protected !!
Exit mobile version