Airbnb stock picks up after hours: Airbnb in the black in fourth quarter

The company earned $0.08 per share in the fourth fiscal quarter of 2021, up from a loss of $11,240 per share a year ago. This put Airbnb above analyst estimates, experts had previously expected EPS of $0.037.

On the sales side, things were also better than in the same period of the previous year, with revenues rising from 859.3 million US dollars to 1.5 billion US dollars – analyst estimates had previously amounted to 1.46 billion US dollars.

For the full year 2021, the loss narrowed from -$16.120 to EPS of -$0.57 per share after the consensus of experts had previously forecast a negative EPS of -$0.601 for the company .

Analysts had expected sales of 5.92 billion US dollars after 3.38 billion US dollars in the previous year, in fact the proceeds were 5.99 billion US dollars and thus above estimates.

Airbnb shares are up 5.51 percent at $189.35 in US after-hours trading on the NASDAQ.

Editorial office finanzen.net

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