Airbnb Earnings Estimates Up

Airbnb, Inc. (ABNB) is witnessing a positive shift in earnings estimate revision, with analysts becoming more optimistic about the company's short and long-term prospects. Current quarter estimates have increased from 92 cents per share to 94 cents per share. Similarly, current year estimates have risen from $4.34 per share to $4.64 per share. This positive trend highlights the company's strong position.

For the current quarter, Airbnb is projected to post earnings of $0.94 per share, marking a change of -4.1% from the same quarter last year. Over the last 30 days, the estimate has shifted -1.1%. For the current fiscal year, the earnings estimate of $4.64 suggests a change of -35.9% from the previous year. However, this estimate has seen a positive adjustment of +6.9% over the last 30 days.

Looking ahead to the next fiscal year, the earnings estimate of $5.29 indicates a change of +14% from what Airbnb is expected to report this year. This estimate has seen a revision of +4.2% over the past month. In terms of sales, the estimate for the current quarter is $2.73 billion, indicating a year-over-year change of +10%. For the current and next fiscal years, sales estimates of $11.21 billion and $12.55 billion suggest changes of +13% and +11.9%, respectively.