Online accommodation booking company Airbnb, Inc. (NASDAQ: ABNB) will be reporting second-quarter results today at 4:05 PM ET.
Listen to Airbnb’s Q2 2023 earnings call live and read the real-time transcript
Wall Street predicts an increase in the company’s June quarter earnings to $0.69 per share from $0.56 per share in the year-ago period. Analysts are looking for total revenues of $2.2 billion for the quarter, which would be up 4.5% from last year’s second quarter.
In the first quarter of 2023, Airbnb swung to a net profit of $117 million from a net loss of $19 million during the year-earlier period. The bottom line benefitted from a 20% increase in total revenue to about $1.82 billion. Nights and Experiences Booked rose to a record high of more than 120 million bookings in the quarter.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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