TripAdvisor Q3 Earnings Runway Looks Long: Viator To The Rescue?

Tripadvisor Inc (NYSE:TRIP) will be reporting its third-quarter earnings on Nov. 6 after market hours.

The 13-year-old company expanded its services to include a tour and adventure marketplace, as well as advertising and marketing solutions for businesses in the travel industry.

Here's how the stock currently maps against Wall Street estimates.

Viator revenue grew 59% year-on-year as of the last reported quarter, but it isn’t profitable.

The company’s overall debt and liquidity position appear healthy, and return ratios appear to be indicating a turnaround. The company’s margin profile has also recovered from the Covid-dip, but there is still a path ahead to reach pre-pandemic levels.

Related: TripAdvisor, Clear Secure See Growth, Vacasa Awaits Clarity, Says Analyst About These Online Travel Companies

Accordingly, analysts and investors would be keenly focused on the growth achieved from Tripadvisor’s Viator asset.

Price Action: The stock closed at $15.75 at market close on Friday. The stock, however, has been losing steam over the past year, down 32%. Over the past month, the stock has traded between $14.3 and $16.60 a share.

Read Next: Is Trip.com About To Take Off?

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