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BUZZ-Airbnb rises after upbeat quarterly results

ReutersFeb 14, 2025 11:17 AM

Airbnb ABNB.O shares rise 13.2% to $159.74 premarket
Co reports Q4 revenue of $2.48 billion, above estimates of $2.42 billion - LSEG

Co posts higher revenue as international travel demand remains strong

Reports quarterly earnings of 73 cents per share, above estimates of 58 cents

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

It expects its Q1 rev. in a range of $2.23 billion to $2.27 billion, mid-point of which is below analysts' estimates of $2.274 billion

10 of 44 brokerages rate the stock "buy" or higher, 28 "hold" and 6 "sell" or lower; their median PT is $150

Up to last close, ABNB stock which fell 3.5% in 2024, was up 7.4% YTD in 2025

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