Airbnb shares surge 12% after strong Q4 earnings beat
Investing.comFeb 14, 2025 3:29 AM
Investing.com -- Shares of Airbnb Inc (NASDAQ:ABNB) jumped 10% in extended trading after the company posted better-than-expected fourth-quarter earnings and issued an upbeat revenue forecast for the first quarter of this year.
The company reported Q4 per share profit of $0.73 surpassing analysts' estimates of $0.59. Revenue for the quarter came in at $2.48 billion, ahead of Wall Street’s expectation of $2.43 billion.
Airbnb expects revenue in the range of $2.23 billion to $2.27 billion for the first quarter of 2025, while analyst estimates are at $2.3 billion.
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