{"id":83863,"date":"2023-05-10T02:16:00","date_gmt":"2023-05-09T22:16:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=83863"},"modified":"2023-05-10T06:18:06","modified_gmt":"2023-05-10T02:18:06","slug":"airbnb-drops-10-after-earnings-report-offers-cautious-q2-outlook","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/airbnb-drops-10-after-earnings-report-offers-cautious-q2-outlook\/05\/10\/market-updates\/","title":{"rendered":"Airbnb drops 10% after earnings report offers cautious Q2 outlook"},"content":{"rendered":"\n<p>Shares of Airbnb fell in extended trading Tuesday after the company released first-quarter earnings that beat analyst estimates but offered slightly weaker-than-expected guidance and a cautious outlook for the current quarter.<br><br>Airbnb swung to a net profit of $117 million from a net loss of $19 million during the year-earlier period, its first-ever profitable quarter. The company warned that second-quarter comparisons would be tough given pent-up demand last year coming out of the Covid pandemic.<br><br>Shares fell as much as 10% in extended trading Tuesday despite first-quarter earnings that beat analyst estimates on the top and bottom lines, as it offered slightly weaker-than-expected guidance and a cautious outlook for the current quarter.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Airbnb fell in extended trading Tuesday after the company released first-quarter earnings that beat analyst estimates but offered slightly weaker-than-expected guidance and a cautious outlook for the current quarter.Airbnb swung to a net profit of $117 million from a net loss of $19 million during the year-earlier period, its first-ever profitable quarter. The &hellip;<\/p>\n","protected":false},"author":13,"featured_media":64621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7104,7113],"class_list":["post-83863","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-airbnb","tag-earnings"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=83863"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83863\/revisions"}],"predecessor-version":[{"id":83872,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83863\/revisions\/83872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/64621"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=83863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=83863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=83863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}