What I'll Be Watching When TripAdvisor Reports Earnings
TripAdvisor (NASDAQ: TRIP) will report its third-quarter earnings on Nov. 6. After a disappointing second quarter that included lower full-year guidance, investors will be hoping for a better performance from the online travel company's core hotel business.
While the company hasn't offered specific guidance for Q3, analysts are, on average, expecting revenue of $453.1 million, which would represent 7.6% growth over last year. Examining each of TripAdvisor's business segments in more detail can provide a better sense of what's baked into those estimates, so let's review some key items to see if the online travel company can reignite its growth engines.
Image source: Getty Images
Source: Fool.com
TripAdvisor Inc. Stock
€16.76
-0.150%
Currently there is a rather positive sentiment for TripAdvisor Inc. with 9 Buy predictions and 4 Sell predictions.
As a result the target price of 22 € shows a positive potential of 31.26% compared to the current price of 16.76 € for TripAdvisor Inc..
