Airbnb falls as Q2 revenue forecast trails estimates

** Airbnb ABNB.O shares fall 3% to $120 after Q1 results

** Co expects Q2 revenue between $2.99 bln and $3.05 bln, mid-point of which is below analysts' estimate of $3.04 bln - LSEG

** ABNB says it expects moderation in y-o-y growth rate of nights booked in Q2 and average daily rate to remain flat vs Q1

** Q1 rev. rose 6% to $2.27 bln vs analysts' estimate of $2.26 bln

** EPS was 24 cents, in line with estimates

** "In the U.S., we've seen relatively softer results, which we believe has been largely driven by broader economic uncertainties," - co

** ABNB trades at a 12-month trailing P/E ratio of 29.39

** 16 of 46 brokerages rate stock at "buy" or "strong buy", 25 at "hold", while 5 were at "sell"; their median PT is $146.76

** YTD, stock down 5.6% vs 5.3% fall in the S&P 500 index .SPX