Airbnb: A Global Sensation
ABNBAirbnb(ABNB) seekingalpha.com·2024-05-27 16:32

Martin Puddy After Airbnb (NASDAQ:ABNB) released its first quarter earnings, the shares dropped 7% despite beating both top and bottom line estimates. In fact, revenue surpassed estimates by over $80 million and earnings beat estimates by over 75%. This came from the fact that Airbnb warned investors to only expect moderate growth for Q2. While many were hoping Airbnb would continue to experience spectacular growth, Airbnb tells investors to hold off on their expectations. Yet, I firmly believe Airbnb is no ...