Airbnb stock up 11% as revenue jumps
Airbnb(ABNB) CNBC·2024-11-08 05:08
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024.Airbnb reported third-quarter earnings on Thursday that were shy of analyst estimates, though it squeaked in a small revenue beat. The stock jumped about 8% in after-hours trading.Here's how the company did:Earnings per share: $2.13 vs. $2.14 expected by LSEGRevenue: $3.73 billion vs. $3.72 billion expected by LSEGRevenue increased 10% from $3.4 billion a ye ...