TRIP Earnings Prediction
The chart below shows how TRIP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TRIP sees a +4.17% change in stock price 10 days leading up to the earnings, and a -0.54% change 10 days following the report. On the earnings day itself, the stock moves by -3.24%. This data can give you a slight idea of what to expect for the next quarter's release.
TRIP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
532.00M
-0.19%
7.04%
Gross Margin
87.22%
-0.88%
0.81%
Operating Margin
13.16%
-14.43%
72.03%
Net Margin
7.33%
44.58%
51.76%
EPS
0.27
42.11%
58.82%
No Data Available
TRIP Earnings Analysis
TripAdvisor, Inc. Corporation (TRIP.O) Earnings Conference Call
Positive
Viator Revenue Increase: 1. Viator Revenue Growth: Viator's revenue reached $270 million in Q3, marking a 10% year-over-year increase, with gross booking value growing 9% to approximately $1.1 billion.
Strong EBITDA Performance: 2. Strong Adjusted EBITDA: Tripadvisor reported an adjusted EBITDA of $122 million for Q3, representing 23% of revenue, which was significantly higher than expected due to operational outperformance.
Record Financial Performance: 3. TheFork's Record Performance: TheFork achieved its best financial performance on record with revenue of $49 million, reflecting a 17% year-over-year growth and an adjusted EBITDA margin improvement to 10%.
App Engagement Surge: 4. Increased App Engagement: App bookings grew faster than any other surface in Q3, with the mix of app bookings nearly doubling since 2022, indicating strong user engagement and conversion rates.
Strong Cash Reserves: 5. Cash Position: Tripadvisor ended the quarter with nearly $1.1 billion in cash and cash equivalents, an increase of $45 million from the end of 2023, providing a solid financial foundation for future investments.
Negative
Brand Revenue Decline: 1. Decline in Brand Tripadvisor Revenue: Brand Tripadvisor reported a revenue decline of 12% year-over-year, totaling $255 million, primarily due to pressures in the hotel meta segment.
Decline in Hotel Revenue: 2. Weak Performance in Hotel Meta: Revenue from branded hotels fell 17% to $151 million, reflecting a softer pricing environment and ongoing volume trends under pressure year-over-year.
Negative Cash Flow Issues: 3. Negative Operating Cash Flow: The company experienced negative operating cash flow of $44 million and free cash flow of negative $64 million, indicating financial strain during the quarter.
Share-Based Compensation Increase: 4. Increased Share-Based Compensation: Share-based compensation expenses rose by $7 million year-over-year, attributed to changes in vesting schedules, impacting overall cost management.
Cautious Growth Strategy: 5. Delayed Growth Investments: The decision to postpone certain growth investments until 2025 is expected to reduce Q4 revenue and adjusted EBITDA, indicating a cautious approach to future growth.
TRIP FAQs
How does TRIP typically perform around its earnings report dates?
Is Tripadvisor, Inc. (TRIP) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
TRIP Earning Call Sentiment
Tripadvisor, Inc. (TRIP) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TRIP.O
-1.47%Positive
The earnings call reveals mixed signals: solid financial performance with strong Viator and TheFork growth, but challenges in Brand Tripadvisor and negative cash flows. The Q&A section highlights optimism in future growth and strategic shifts, but concerns over share buyback restrictions and competitive pressures remain. Market cap suggests moderate reaction, resulting in a neutral outlook.