Tripadvisor (NASDAQ:TRIP) Announces Quarterly Earnings Results

Tripadvisor (NASDAQ:TRIP) announced its earnings results on Wednesday. The travel company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.04, reports. The company had revenue of $335.00 million during the quarter, compared to analyst estimates of $334.44 million. Tripadvisor had a net margin of 8.01% and a return on equity of 9.59%. Tripadvisor’s revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.27 earnings per share.

Shares of NASDAQ:TRIP opened at $29.65 on Friday. The firm’s 50 day moving average price is $29.77 and its 200 day moving average price is $34.66. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 27.44, a price-to-earnings-growth ratio of 2.02 and a beta of 1.33. Tripadvisor has a fifty-two week low of $27.12 and a fifty-two week high of $58.24.

Several brokerages have recently issued reports on TRIP. Piper Jaffray Companies increased their price target on shares of Tripadvisor from $39.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. BidaskClub cut shares of Tripadvisor from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 14th. DA Davidson reduced their price target on shares of Tripadvisor to $44.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Oppenheimer reissued a “hold” rating on shares of Tripadvisor in a research report on Thursday. Finally, JPMorgan Chase & Co. cut shares of Tripadvisor from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $48.00 to $28.00 in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $40.47.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotel and Non-Hotel. The company operates TripAdvisor-branded Websites, including in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as,,,,,,,,,,,,,,,, and, as well as and

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Earnings History for Tripadvisor (NASDAQ:TRIP)

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