๐ฐ Airbnb $ABNB pops +8% โ "strongest results in years" with full-year guidance raised again
Airbnb jumped Friday after reporting Q2 revenue of $3.61B (beating the $3.58B estimate) with EPS of $1.37, topping the $1.25 consensus by 10%. Nights and seats booked surged 10% YoY to 148.3M, and management raised its full-year revenue growth target to "at least mid-teens" while guiding Q3 to $4.69-4.77B vs. the $4.61B Wall Street expected. Travel demand stays resilient even as the July jobs report showed only +22K jobs added โ well below the ~80K expected. Is $ABNB's AI efficiency push finally changing its cost story? Not financial advice.
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