Airbnb Beats Q4 Estimates

Check-out these numbers from Q4

Revenue: $1.53 billion versus $1.46 billion expected

Adj. earnings per share: $0.08 versus $0.03 expected

Gross bookings: $11.3 billion versus $11.09 billion expected

Shares of Airbnb rose 6% after the news

What Airbnb said:

“Despite the continued near-term uncertainties, we see evidence of strong pent-up demand: as of the end of January 2022, we had over 25% more nights booked for the summer travel season than at this time in 2019.”

CEO Brian Chesky said:

“For the first time ever, millions of people can now live anywhere.”

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