Airbnb Shares Up 6% on Q4 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/ABNB'>Airbnb, Inc. (NASDAQ:ABNB) </a>shares closed around 6% higher on Tuesday following the company’s Q4 results, with EPS coming in at $0.08, above the Street estimate of $0.03. Revenue grew 78% to $1.53 billion, which is better than the Street estimate of $1.46 billion.</p>
<p>Despite Omicron, the company’s Q4 bookings were 32% above Q4/19 and 2% above the consensus estimates, showing business model reliance, travelers dissipating Covid fears, and easing government restrictions. </p>
<p>The company expects Q1/22 revenue to range from $1.41 billion to $1.48 billion, beating the consensus estimate of $1.22 billion. Analysts at Oppenheimer view the management’s guidance for EBITDA margins to remain flat year-over-year on tough ADR comps and limited marketing leverage as conservative based on higher revenue scale and Opex efficiencies gains.</p>
<p>The analysts believe Airbnb is the best-positioned travel company into the post-COVID-19 recovery due to its strong global brand and ability to quickly adjust to travelers' demands via the combination of unique-supply and flexible terms.</p>

NASDAQ:ABNB