Can Airbnb Sustain Its Profit Streak?
Airbnb (NASDAQ: ABNB) is scheduled to report first-quarter 2022 earnings after the markets close on Tuesday, May 3. The travel facilitator was devastated at the pandemic's onset as consumer mobility decreased.
Now that billions of people have been vaccinated and are feeling safer leaving their homes, Airbnb is recovering stronger than ever. For the first time in its history, the company has reported two consecutive quarters of profits. Investors will be watching to see if it can maintain that streak when it releases Q1 earnings.