ABNB is scheduled to report Q1 results tonight after the bell with a conference call slated to begin around 5:30 p.m.
The current S&P Capital IQ Consensus Estimate for Q1 calls for a loss of ($0.39) per share (vs a ($1.95) loss last year) on sales growth of +63.5% to $1.45 bln.
Guidance for Q1 forecasts revs of $1.41-1.48 bln.
Expects to achieve first positive Q1 adj. EBITDA in company's history.
On last quarter's conference call ABNB said it was seeing strong demand for the summer travel season compared to 2019.
TECHS:
ABNB has a $55 bln market cap, trading at about 118x forward earnings expectations. This is a discount to Expedia (EXPE at 21.7x) and Booking (BKNG at 24.2x).
If you liked this content please click the ❤️ below and/or share this post.
SHAMLESS PLUGS
CLICK HERE TO CHECK OUT MY 2022 PREVIEW OPINION PACKET. OVER 80 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.
TOTALLY FREE Trading Packet!
Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.
This packet will explain to you in depth how I trade and how I manage my risk.
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.
Check out the latest episodes on my YouTube above.