Will Despegar.com, Corp. ($DESP) Beat Analysts View?

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Despegar.com, Corp. (NYSE:DESP) is expected to report second quarter earnings results, before market open, on Friday 21st August 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.46 per share.

Looking ahead, the full year loss are expected at $ 0.95 per share on the revenues of $ 288.34 million.

Previous Quarter Performance

Despegar.com, Corp. unfold loss for the first quarter of $ 0.01 per share, from the revenue of $ 76.08 million. The quarterly earnings while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.29 per share from $ 78.25 million in revenue. The bottom line results beat street analysts by $ 0.28 or 96.55 percent, at the same time, top line results fell short of analysts by $ 2.17 million or 2.77 percent.

Stock Performance

The company has a market capital of $ 584.35 million and is part of the Consumer Cyclical sector and Leisure industry.

Conference Call

Despegar.com, Corp. will be hosting a conference call at 8:00 AM eastern time on 21st August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-844-750-4865 Toll Free or 1-412-317-5275 Toll Number 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.