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ABNB
Benzinga
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Airbnb Shares Climb After Mixed Q3 Earnings: EPS Miss, Revenues Beat

1. Airbnb's Q3 earnings report showed mixed results with $2.21 EPS, below estimates. 2. Quarterly revenue was $4.09 billion, surpassing analyst expectations of $4.07 billion. 3. Gross booking value increased 14% year-over-year to $22.9 billion. 4. Fourth-quarter revenue guidance ranges from $2.66 billion to $2.72 billion. 5. ABNB stock rose 4.38% to $125.81 after the earnings report.

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FAQ

Why Bullish?

Despite missing EPS expectations, significant revenue growth and positive guidance generally drive stock prices higher.

How important is it?

The earnings miss could concern investors, but strong revenue growth mitigates risks, hence moderately high score.

Why Short Term?

The immediate positive market reaction indicates short-term investor confidence in the stock's performance.

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