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Stock impact report

Airbnb, Inc. (ABNB) Advances But Underperforms Market: Key Facts [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 1.1% for the day. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%. Coming into today, shares of the company had lost 4.55% in the past month. In that same time, the Consumer Discretionary sector lost 0.95%, while the S&P 500 gained 0.22%. Market participants will be closely following the financial results of Airbnb, Inc. in its upcoming release. In that report, analysts expect Airbnb, Inc. to post earnings of $0.59 per share. This would mark a year-over-year decline of 22.37%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.43 billion, up 9.34% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $3.99 per share and a revenue of $11.05 billion, demonstrating changes of -44.89% and +11.41%, respectively, from the preceding year. Any recent changes to analyst estimates for Airbnb, Inc. should also be noted by Show less Read more
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