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TripAdvisor (TRIP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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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.
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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TripAdvisor (TRIP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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.