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BUZZ-Airbnb jumps on higher quarterly revenue

ReutersFeb 13, 2025 9:52 PM

Shares of vacation home rentals company Airbnb ABNB.O up ~12% at $157.30 after the bell

Company posts higher Q4 revenue, as international travel demand remains strong

ABNB's Q4 revenue rises 11.8% to $2.48 billion, compared with Wall Street estimates of $2.42 billion, according to data compiled by LSEG

Company posts earnings of 73 cents per share, compared with expectations of 58 cents

However, ABNB forecast slower growth for Q1 due to tough year-over-year comparisons and a stronger dollar

Expects Q1 revenue of $2.23 billion to $2.27 billion, a 4% to 6% increase, compared with a year earlier

In 2024, stock had fallen 3.5%

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