Airbnb Misses Earnings

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - November 7

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - October 31

Target Shares Tumble on Earnings Miss

The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.

Business - The Wall Street Journal - 23 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - October 30

Krispy Kreme’s stock drops on earnings miss

Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.

Business - MarketWatch - November 7

Block reports revenue miss but a slight beat on earnings

Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.

Business - CNBC - November 8

Target's big discounting effort falls short as consumers spend less on some goods

Target reported earnings Wednesday that came in far below Wall Street's expectations, something the big-box retailer attributed to slower than expected demand.

Erling Haaland earns Manchester City win over Southampton despite misses

Manchester City keep powering on in a relentless mode that tells Liverpool and Arsenal they must do the same. Pep Guardiola’s champions are up to top spot with this tight victory and if either ...

World - The Guardian - October 26

The biggest U.S. homebuilder misses on earnings as it says buyers are staying on the sidelines

D.R. Horton, the largest U.S. homebuilder by market cap, on Tuesday reported earnings well below estimates as it said interest rates were keeping buyers on the sidelines and forcing the company to ...

Business - MarketWatch - October 29

Uber logs an earnings beat — but misses on a closely watched industry metric

Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.

Business - MarketWatch - October 31

Fluor’s stock tumbles after a big earnings miss, plan to deconsolidate NuScale

Fluor misses revenue expectations by the widest margin in five years, will deconsolidate NuScale, and the stock tumbles.

Business - MarketWatch - November 8

Temu parent’s stock tumbles after a big earnings miss as competition intensified

Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.

Business - MarketWatch - 10 hours ago

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.

Business - CNBC - November 5

Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations

Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.

Business - CNBC - November 7

Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years

Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.

Business - CNBC - Yesterday

Target CEO says ‘consumers continue to spend cautiously’ amid triple-miss earnings report

Target’s stock is set to suffer worst day in more than two years after profit, revenue, comparable sales and outlook all came in below expectations.

Business - MarketWatch - Yesterday

Target's recent trade imports data tells the real story behind massive earnings miss

Target's CEO and COO cited the recent ports strike as a factor in the retailer's big earnings miss, but shipping data shows the problems run much deeper.

Business - CNBC - 8 hours ago

Airbnb is seeing ‘strong demand trends’ — with these caveats

Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the ...

Business - MarketWatch - November 8

Film crews left this street - then 'annoying' selfie tourists arrived

And the street in London isn't the only place in the UK that has seen an influx of film fans either

Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates

The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.

Business - The Wall Street Journal - November 7

Lobbying World: AirBnB books new federal affairs lead

AirBnB has added Aquila Powell as head of federal affairs. She was most recently managing director at Prime Policy Group and is a General Motors alum. Phil Bianchi has joined JPMorgan Chase as vice ...

Politics - The Hill - November 13

A criticized Airbnb deal will let users play gladiator in Rome's Colosseum

The ancient Roman Colosseum will be the venue of gladiator fights for the first time in two millennia under a $1.5 million sponsorship deal with Airbnb

World - ABC News - 6 days ago

TJX boosted by strength in Europe, as retailer posts earnings beat and raises guidance

TJX Cos.’ stock was flat in afternoon trade Wednesday after rising from its morning lows, which came even after the discount retailer’s fiscal third-quarter earnings topped estimates and it again ...