Tripadvisor Earnings: Here’s Why Shares are Down Now

Tripadvisor Inc (NASDAQ:TRIP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.84%.
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Tripadvisor Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 31.58% to $0.5 in the quarter versus EPS of $0.38 in the year-earlier quarter.

Revenue: Rose 25.14% to $229.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.5 per share. By that measure, the company beat the mean analyst estimate of $0.46. It beat the average revenue estimate of $223.76 million.

Quoting Management: “Our first quarterresults are evidence that our underlying fundamentals are extremely healthy,” said Steve
Kaufer, President and CEO of TripAdvisor. “Our traffic growth accelerated, and hotel shoppers,members and
valuable content continue to grow at a rapid clip on a global basis. Integrating our new metasearch hotel pricing
and availability engine has been a wonderful complement to our ongoing strides to make the site more
engaging, personalized and social. We look forward to kicking off the busy summer travel season.”

Key Stats (on next page)…

Revenue increased 35.72% from $169.39 million in the previous quarter. EPS increased 72.41% from $0.29 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.5 and has not changed. For the current year, the average estimate has moved down from a profit of $1.83 to a profit of $1.73 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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