What's In The Offing For TripAdvisor's (TRIP) Q4 Earnings?
Zacks Investment Research | Feb 10, 2019 09:04PM ET
TripAdvisor, Inc. (NASDAQ:TRIP) is set to report fourth-quarter 2018 results on Feb 13.
Notably, the company topped the Zacks Consensus Estimate in three of the trailing four quarters while missing the same once, recording average positive earnings surprise of 21.46%.
In the last reported quarter, TripAdvisor’s earnings of 72 cents per share delivered a positive surprise of 53.19%. The figure increased 75.6% sequentially and 100% from the year-ago quarter.
Revenues in the third quarter were $458 million, up 5.8% and 4.3% from the previous quarter and last-year quarter, respectively. However, the figure lagged the Zacks Consensus Estimate of $468 million.
The top-line growth can primarily be attributed to the company’s robust non-hotel segment and increasing average monthly unique visitors.
Coming to the price performance, shares of TripAdvisor have gained 57% over a year against the
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What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Zacks Investment Research
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