Joe Raedle/Getty Images NewsAirbnb Investors Shouldn't Have Ignored Overvaluation Risks Airbnb, Inc. (NASDAQ:ABNB) investors who ignored its potential overvaluation risks suffered a moment of reckoning this week as Airbnb's Q2 earnings release disappointed. I had already cautioned ABNB investors in March 2024 not to throw caution to the wind. I indicated potentially slowing growth and margin-dilutive growth investments as the company seeks to expand beyond its core market and geographical segments. Coup ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Airbnb (ABNB) reported adjusted earnings of 86 cents per share for second-quarter 2024, which declined 12.2% year over year. The bottom line missed the Zacks Consensus Estimate by 6.5%.Revenues of $2.75 billion increased 11% on a reported basis, as well as on an FX-neutral basis, year over year. The top line lagged the Zacks Consensus Estimate by 0.1%.The year-over-year increase was driven by driven by the growth of nights stayed on the platform. Continuous improvement in the Nights and Experiences Booked m ...

Airbnb Inc ABNB shares tanked in early trading on Wednesday, after the company reported downbeat second-quarter earnings.The results came amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.JPMorgan: Airbnb's second-quarter results came broadly in-line with expectations, Anmuth said in a note. He added, however, that growth investments began weighing on margins and the company's adjusted EBITDA margins contracted by around 50 basis points (bps) year-o ...

文章核心观点 - 公司在第二季度的利润预测低于分析师预期 [3] - 公司预计第三季度收入将在37.67亿美元至37.73亿美元之间,略高于分析师预期的37.2亿美元 [4] - 公司表示将会看到预订夜数和体验的同比增长有所放缓 [4] - 公司表示正在从美国客户那里看到需求放缓的迹象 [4] 公司业绩 - 公司第二季度收入同比增长10.6%至27.5亿美元,略高于预期 [3] - 公司第二季度夜数和体验预订量同比增长9%至1.251亿,创下历史同期最高纪录 [5] - 公司CEO表示已经删除了20多万个未能满足客户期望的房源 [6] 股价表现 - 公司股价在周三下跌超过14%,跌至111.59美元,创下一年多以来的最低水平 [7]

Investors should be looking to buy wonderful businesses at good prices.In this video, I will go over Airbnb's (ABNB 4.12%) second-quarter earnings report and explain why this might be a great opportunity for long-term investors to pick up shares as the stock drops.*Stock prices used were from the trading day of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Jessie Casson Airbnb (NASDAQ:ABNB) reported solid second quarter results, but the stock continues to fall as investors digest the company’s slowing growth and declining margins, along with the rising probability of an economic contraction. While I believe that Airbnb has a strong business and that the stock should do fairly well longer term, I have been negative about the company’s short-term prospects due to the fading of pandemic related tailwinds. Airbnb’s business has a lot of inherent leverage, whi ...

Airbnb could buy back over 10% of its stock immediately.Airbnb (ABNB 4.12%) has built a massive cash position that is generating nearly $1 billion in interest annually. But it could also be used to buy back the company's stock. In this video, Travis Hoium goes through the potential impact a buyback would have on Airbnb's shares.*Stock prices used were end-of-day prices of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Airbnb has seen shorter booking lead times in recent weeks, with customers around the world booking their accommodations closer to their expected time of arrival.A growing share of customers are booking just days or a couple of weeks in advance, Airbnb executives said Tuesday (Aug. 6) during the company’s quarterly earnings call.This trend first appeared in July and has grown strong since then, after a first and second quarter in which the lead times were basically the same as what Airbnb saw a year earlier ...

财务数据和关键指标变化 - 第二季度收入为27.5亿美元,同比增长11% [8] - 净收入为5.55亿美元,净利润率为20% [8] - 自由现金流为10亿美元,过去12个月自由现金流达43亿美元,创历史新高 [8][9] - 公司回购749百万美元股票,截至第二季度末,剩余51.25亿美元股票回购授权 [9] 各条业务线数据和关键指标变化 - 预订夜晚和体验达1.25亿晚 [8] - 活跃房源超过800万,持续增长 [10] - 公司启动更新房源质量系统,已更新20万多个未达到预期的房源 [11] - 推出"客人最爱"等可靠性举措,已有1.5亿晚预订在"客人最爱"房源 [12][13] - 移动端预订占总预订的55%,同比提升5个百分点 [17] - 新注册用户中,最年轻人群占比创历史新高 [18] 各个市场数据和关键指标变化 - 拓展市场的夜晚预订增长显著高于核心市场 [14] - 巴西、墨西哥等拉美市场和亚太地区是公司最快增长的地区 [24] - 第二季度巴黎的预订量同比翻倍,活跃房源增加37% [20][21] - 德国举办欧洲杯期间,主办城市夜晚预订同比增20%以上 [21] 公司战略和发展方向及行业竞争 - 公司三大战略重点:让房东主流化、完善核心服务、拓展核心业务之外 [9][10][14] - 公司正在开发新的房东服务,如10月推出房东合作市场 [37][38] - 明年将重新推出体验业务,并推出新的客户服务和房东服务 [39][40][41][42] - 公司未来每年都会推出新产品和服务,向多元化发展 [42] - 公司认为可以通过改善服务、拓展欠发达市场和推出新业务,抵消宏观环境的短期波动 [25] 管理层对经营环境和未来前景的评论 - 第三季度预计将迎来又一个创纪录的夏季旅游旺季 [24] - 但观察到预订提前期缩短,美国客人需求有所放缓的迹象 [24][26][29][30] - 密切关注宏观经济压力可能带来的影响 [24] - 相信公司的增长战略长期可以抵消短期宏观趋势的影响 [25] 其他重要信息 - 公司第三季度营销费用增长将快于收入增长 [71][73] - 公司认为长期来看,拓展国际市场和推出新业务可带来更大的增长空间 [49][50][51][52][53][56] - 公司认为酒店业务可以填补需求高峰期的网络空白,未来将继续拓展 [124][125][126][129] 问答环节重要的提问和回答 问题1 **Ellie Jiang 提问** 询问第三季度预订提前期缩短的原因 [26] **Jiazhen Zhao 回答** 第三季度预订提前期缩短是由于短期预订强劲增长,但长期预订有所放缓 [29][30][31][32] 问题2 **Yang Bai 提问** 询问公司未来在营销投入和新业务拓展方面的策略 [107] **Jiazhen Zhao 回答** 公司将根据不同营销渠道的投资回报期进行灵活调整,品牌营销需要较长周期,新业务拓展也需要逐步投入 [148][149][150] 问题3 **Joyce Ju 提问** 询问公司在ADR增长方面的可持续性 [146] **Lei Chen 回答** 随着拉美和亚太等地区占比提升,整体ADR或将有所下降,但这些新增夜晚的经济效益仍然很好 [151]