Tripadvisor Earnings: Here’s Why Shares are Down Now
Tripadvisor Inc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 31.58% to $0.5 in the quarter versus EPS of $0.38 in the year-earlier quarter.
Revenue: Rose 25.14% to $229.9 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.5 per share. By that measure, the company beat the mean analyst estimate of $0.46. It beat the average revenue estimate of $223.76 million.
Quoting Management: “Our first quarterresults are evidence that our underlying fundamentals are extremely healthy,” said Steve
Kaufer, President and CEO of TripAdvisor. “Our traffic growth accelerated, and hotel shoppers,members and
valuable content continue to grow at a rapid clip on a global basis. Integrating our new metasearch hotel pricing
and availability engine has been a wonderful complement to our ongoing strides to make the site more
engaging, personalized and social. We look forward to kicking off the busy summer travel season.”
Key Stats (on next page)…