Tripadvisor Earnings: Here’s Why Shares are Down Now

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn
Tripadvisor Inc (NASDAQ:TRIP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.84%.
Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick 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)…

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business