For the quarter ended June 2023, TripAdvisor (TRIP - Free Report) reported revenue of $494 million, up 18.5% over the same period last year. EPS came in at $0.34, compared to $0.37 in the year-ago quarter.
The reported revenue represents a surprise of +4.22% over the Zacks Consensus Estimate of $474.01 million. With the consensus EPS estimate being $0.37, the EPS surprise was -8.11%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TripAdvisor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Tripadvisor Core: $279 million versus $286.44 million estimated by five analysts on average.
- Revenue- Intersegment eliminations: -$39 million versus the five-analyst average estimate of -$31.87 million.
- Revenue- Viator: $216 million compared to the $180.47 million average estimate based on five analysts.
- Revenue- Tripadvisor Core- Other: $13 million versus $15.15 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor-branded hotels: $174 million versus $188 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor-branded display and platform: $42 million versus $39.60 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor experiences and dining: $50 million versus the five-analyst average estimate of $43.47 million.
- Revenue- TheFork: $38 million versus the five-analyst average estimate of $38.31 million.
- Adjusted EBITDA- Tripadvisor Core: $96 million versus $99.12 million estimated by four analysts on average.
- Adjusted EBITDA- TheFork: -$4 million compared to the -$2.79 million average estimate based on four analysts.
- Adjusted EBITDA- Viator: -$2 million versus the three-analyst average estimate of -$6.94 million.
View all Key Company Metrics for TripAdvisor here>>>Shares of TripAdvisor have returned +9.1% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended June 2023, TripAdvisor (TRIP - Free Report) reported revenue of $494 million, up 18.5% over the same period last year. EPS came in at $0.34, compared to $0.37 in the year-ago quarter.
The reported revenue represents a surprise of +4.22% over the Zacks Consensus Estimate of $474.01 million. With the consensus EPS estimate being $0.37, the EPS surprise was -8.11%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TripAdvisor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Tripadvisor Core: $279 million versus $286.44 million estimated by five analysts on average.
- Revenue- Intersegment eliminations: -$39 million versus the five-analyst average estimate of -$31.87 million.
- Revenue- Viator: $216 million compared to the $180.47 million average estimate based on five analysts.
- Revenue- Tripadvisor Core- Other: $13 million versus $15.15 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor-branded hotels: $174 million versus $188 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor-branded display and platform: $42 million versus $39.60 million estimated by five analysts on average.
- Revenue- Tripadvisor Core- Tripadvisor experiences and dining: $50 million versus the five-analyst average estimate of $43.47 million.
- Revenue- TheFork: $38 million versus the five-analyst average estimate of $38.31 million.
- Adjusted EBITDA- Tripadvisor Core: $96 million versus $99.12 million estimated by four analysts on average.
- Adjusted EBITDA- TheFork: -$4 million compared to the -$2.79 million average estimate based on four analysts.
- Adjusted EBITDA- Viator: -$2 million versus the three-analyst average estimate of -$6.94 million.
View all Key Company Metrics for TripAdvisor here>>>Shares of TripAdvisor have returned +9.1% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
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