Airbnb (ABNB) Earnings Preview: Analyst Expectations and Key Metrics

Revenue Estimates:

Analysts anticipate a 9.1% increase in Airbnb's revenue for Q4, reaching $2.42 billion. Last year, the company experienced a 16.6% revenue increase during the same period.

Earnings Estimates:

Adjusted earnings per share are forecasted to be $0.58.

Key Performance Metrics:

In Q3, Airbnb exceeded revenue expectations, generating $3.73 billion (9.9% YoY growth). It also surpassed EBITDA estimates. However, revenue guidance for Q4 fell short of analyst projections.

Airbnb reported 122.8 million nights booked in Q3, an 8.5% YoY increase.

Analysts' Outlook:

Analysts have largely maintained their estimates for Airbnb in the past 30 days. This suggests confidence in the company's performance heading into earnings.

Peer Performance:

Consumer internet peers Expedia and Alphabet have reported Q4 results, providing insights into industry trends. Both companies exceeded revenue expectations, with Expedia growing 10.3% and Alphabet growing 11.8%.

Share Price Analysis:

Airbnb's share price has increased 5.4% over the past month. Analysts have set an average price target of $136.15, above the current price of $134.44.