financetom
Business
financetom
/
Business
/
Despegar.com Q3 Adjusted EPS, Revenue Increase
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Despegar.com Q3 Adjusted EPS, Revenue Increase
Nov 15, 2024 12:01 PM

04:23 PM EST, 11/14/2024 (MT Newswires) -- Despegar.com ( DESP ) reported Q3 adjusted earnings Thursday of $0.34 per diluted share, up from $0.01 a year earlier.

Three analysts polled by Capital IQ expected $0.18.

Revenue for the quarter ended Sept. 30 was $193.9 million, up from $178.1 million a year earlier.

Four analysts surveyed by Capital IQ expected $189.8 million.

The company said it expects 2024 revenue of at least $760 million, unchanged from the previous guidance.

Analysts polled by Capital IQ expect $765.1 million.

The stock was up more than 12% in extended trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AtkinsRealis Wins US$60 Million U.S. Federal Grant to Assist in Railroad Upgrades
AtkinsRealis Wins US$60 Million U.S. Federal Grant to Assist in Railroad Upgrades
Nov 21, 2024
08:55 AM EST, 11/21/2024 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) on Thursday said it won a five-year US$60 million Blanket Purchase Agreement to provide support, technical assistance, compliance reviews and project monitoring to the U.S. Department of Transportation's Federal Railroad Administration (FRA). FRA administers funding to help state and eligible entities upgrade freight rail and intercity passenger rail...
Temu Parent PDD Third-Quarter Results Miss Views Amid Intense Competition
Temu Parent PDD Third-Quarter Results Miss Views Amid Intense Competition
Nov 21, 2024
08:57 AM EST, 11/21/2024 (MT Newswires) -- PDD Holdings ( PDD ) reported lower-than-expected third-quarter results on Thursday as the Chinese e-commerce platform increased its business investments amid rising competition. Adjusted earnings jumped to 18.59 renminbi ($2.65) per American depositary share in the September quarter from 11.61 renminbi a year earlier, but fell short of the FactSet-polled consensus of 19.58...
Super Micro Computer Stock Is Rallying Thursday: What's Going On?
Super Micro Computer Stock Is Rallying Thursday: What's Going On?
Nov 21, 2024
Super Micro Computer Inc ( SMCI ) shares are trading higher on Thursday. The company announced it submitted a compliance plan to the Nasdaq. What Happened: After the market close on Wednesday, Super Micro said it submitted a compliance plan to the Nasdaq after receiving a notification letter that it was not in compliance with the Nasdaq’s timely filing rule....
Exxon Mobil Investing $200 Million to Expand Recycling Operations in Texas
Exxon Mobil Investing $200 Million to Expand Recycling Operations in Texas
Nov 21, 2024
08:57 AM EST, 11/21/2024 (MT Newswires) -- Exxon Mobil ( XOM ) said Thursday it intends to invest over $200 million to expand its advanced recycling operations in Texas. The company said the investment will add advanced recycling capacity of 350 million pounds per year at its Baytown and Beaumont sites, bringing its annual total capacity to 500 million pounds....
Copyright 2023-2026 - www.financetom.com All Rights Reserved