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Check out the companies making headlines in the expanding business.
Airbnb — Airbnb shares jumped 10% after this Company released fourth quarter earnings Which met the expectations of analysts. The company reported earnings per share of 48 cents, beating estimates of 25 cents, according to Refinitiv’s consensus estimates. Airbnb posted revenue of $1.90 billion, higher than the forecasted $1.86 billion.
TripAdvisor Shares of the online travel company soared 7% after it beat Wall Street estimates. TripAdvisor posted adjusted earnings per share of 16 cents and revenue of $354 million for its fourth quarter. Analysts polled by Refinitiv had predicted earnings of 4 cents and revenue of $344 million. Viator, the company’s tour business, soared 115% year-over-year to $127 million in fourth-quarter revenue as travelers began booking experiences with trips.
Devon Energy Shares of the energy company declined 5% after the company reported a disappointing fourth-quarter earnings report. According to Refinitiv, Devon reported adjusted earnings per share of $1.66, falling short of analysts’ consensus estimate of $1.75. Revenue also fell short of Wall Street’s expectations.
go Daddy — Shares of the web hosting company declined more than 1% after the company issued a mixed quarterly earnings report. GoDaddy posted revenue of $1.04 billion, in line with analysts’ estimates, according to Refinitiv. The company’s $0.60 per share earnings were 2 cents short of expectations. ,