04:30 PM EDT, 08/06/2024 (MT Newswires) -- Airbnb ( ABNB ) reported Q2 earnings late Tuesday of $0.86 per diluted share, down from $0.98 a year earlier.

Analysts polled by Capital IQ expected $0.91.

Revenue for the quarter that ended June 30 was $2.75 billion, up from $2.48 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.74 billion.

The company expects Q3 revenue of $3.67 billion to $3.73 billion. Analysts polled by Capital IQ expect $3.84 billion.

Shares traded almost 14% lower in after-hours activity.

Price: 112.76, Change: -17.71, Percent Change: -13.57