Recap: Airbnb Q1 Earnings

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Airbnb ABNB reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Airbnb beat estimated earnings by 157.14%, reporting an EPS of $0.18 versus an estimate of $0.07.

Revenue was up $309.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 13.35% increase in the share price the next day.

Here's a look at Airbnb's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.25 1.45 0.44 -0.29
EPS Actual 0.48 1.79 0.56 -0.03
Revenue Estimate 1.86B 2.84B 2.11B 1.45B
Revenue Actual 1.90B 2.88B 2.10B 1.51B

To track all earnings releases for Airbnb visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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