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Tripadvisor shares gain 6% as Q4 results exceed estimates
Market Watch· 2024-02-15 07:45
Shares of Tripadvisor TRIP rose late Wednesday as the company’s revenue and profit in the fourth quarter topped expectations despite the company’s core brand stagnating. The stock was up 5.8% to $26.80 in after-hours trading, following a 0.5% drop at Wednesday’s close. Shares are up 18% since the start of the year. The travel site’s revenue... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a ...
TripAdvisor (TRIP) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-15 07:26
TripAdvisor (TRIP) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.73%. A quarter ago, it was expected that this travel website operator would post earnings of $0.48 per share when it actually produced earnings of $0.52, delivering a surprise of 8.33%.Over the last four quarters, t ...
Tripadvisor, Inc. Earnings Press Release Available on Company's Investor Relations Site
Prnewswire· 2024-02-15 05:06
NEEDHAM, Mass., Feb. 14, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) issued its fourth quarter and full year 2023 earnings press release which is available now at ir.tripadvisor.com. This release is also available on the SEC website at www.sec.gov. As announced previously, the company will host a conference call tomorrow, Thursday, February 15, 2024 at 8:30 a.m. ET to discuss the results. The live webcast and replay will be available to the public at ir.tripadvisor.com/events-and-presentations. R ...
Why Is TripAdvisor (TRIP) Stock Up 10% Today?
InvestorPlace· 2024-02-14 04:44
Today’s session has been relatively volatile, with a number of key winners and losers seeing outsized movements this afternoon. One of the biggest winners to the upside today is TripAdvisor (NASDAQ:TRIP), which has surged well over 10% to as high as $26.66 per share today. This big move in TRIP stock comes after the company formally announced the formation of a special committee to review an upcoming “potential transaction.”Such special committees are typically set up as part of a bidding process for a give ...
Why Tripadvisor Stock Was Soaring Today
The Motley Fool· 2024-02-14 01:52
Tripadvisor收购分析 - Tripadvisor成立特别委员会评估潜在收购或相关交易[1] - Liberty Tripadvisor拥有21.1%的股份,可能收购Tripadvisor[2] - Liberty Tripadvisor实际上拥有Tripadvisor的多数表决权[4] - 虽然潜在的收购价格尚不明确,但将公司私有化可能是合理的选择[5] Tripadvisor业绩分析 - Tripadvisor股票多年来一直表现疲软,受到竞争对手如Google等的影响[3] - Tripadvisor将在周四盘后公布第四季度业绩,投资者应关注潜在的销售动向[6] - 分析师预计第四季度收入将增长5.8%,调整后的每股收益将从去年同期的0.16美元提高到0.22美元[7]
Tripadvisor soars as it weighs up potential sale
Proactive Investors· 2024-02-14 01:43
Leo Grieco - Leo Grieco拥有波恩茅斯大学媒体制作学位,擅长视频编辑和制作[1] Proactive新闻团队 - Proactive的新闻团队遍布全球主要金融和投资中心,设有办事处和工作室[2] Proactive关注领域 - Proactive专注于中小市值市场,同时也关注蓝筹公司、大宗商品和更广泛的投资故事[3] Proactive团队提供的新闻和见解 - Proactive团队提供市场上跨领域的新闻和独特见解,包括生物技术和制药、矿业和自然资源、电池金属、石油和天然气、加密货币以及新兴数字和电动汽车技术[4]
Tripadvisor Exploring Possible Deals, Stock Surges
Schaeffers Research· 2024-02-14 00:13
Tripadvisor Inc (NASDAQ:TRIP) stock is surging today, after news that the company has formed a committee to explore possible deals. The news comes ahead of the travel name's earnings report, which is due out after the close tomorrow, Feb. 14, in which Wall Street expects profits of 22 cents per share. At last glance, TRIP was up 14% at $25.51, trading at its highest levels in roughly a year. The security has been chopping higher since its Nov. 1 bottom of $14.15, its lowest point since March 2020 -- when th ...
Tripadvisor Stock Jumps on News of Committee to Consider Deal Proposals—Key Level to Watch
Investopedia· 2024-02-13 11:50
Key TakeawaysTripadvisor shares surged more than 13% in after-hours trading Monday after the online travel company said it had formed a special committee to consider potential deal proposals.The company cautioned that no transaction was assured, and the committee has not made any decisions about a potential transaction.The Tripadvisor share price may run into a zone of resistance between $27 and $28 from the August 2022 and February 2023 swing highs. Tripadvisor, Inc. Source: TradingView.com.Tripadvisor ...
Tripadvisor shares jump after it forms new committee to weigh ‘a potential transaction'
Market Watch· 2024-02-13 05:38
Shares of Tripadvisor Inc. jumped after hours on Monday, after the travel-services platform said it had formed a special committee to consider “any proposals that may be brought forward for a potential transaction.” Tripadvisor’s stock TRIP, +3.04% was up 10.9% in after-hours trading. “The mandate of the Special Committee is to evaluate any proposals that may be brought forward for a potential transaction, and any alternatives thereto, with regard to Tripadvisor,” the company said in a statement. Such ...
TRIPADVISOR ANNOUNCES FORMATION OF A SPECIAL COMMITTEE OF INDEPENDENT MEMBERS OF ITS BOARD OF DIRECTORS
Prnewswire· 2024-02-13 05:06
NEEDHAM, Mass., Feb. 12, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) ("Tripadvisor") announced the formation of a Special Committee comprised of independent directors of the Board of Directors of Tripadvisor (the "Board"). The mandate of the Special Committee is to evaluate any proposals that may be brought forward for a potential transaction, and any alternatives thereto, with regard to Tripadvisor, including those that may arise in the future as a result of the recent Liberty TripAdvisor Holdin ...