TRIP Stock Recent News

TripAdvisor's (TRIP) fourth-quarter results benefit from strength across the Viator and TheFork segments.

Tripadvisor, Inc. (TRIP) Q4 2023 Earnings Call Transcript

The headline numbers for TripAdvisor (TRIP) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Shares of Tripadvisor TRIP rose late Wednesday as the company's revenue and profit in the fourth quarter topped expectations despite the company's core brand stagnating.

TripAdvisor (TRIP) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago.

Today's session has been relatively volatile, with a number of key winners and losers seeing outsized movements this afternoon. One of the biggest winners to the upside today is TripAdvisor (NASDAQ: TRIP ), which has surged well over 10% to as high as $26.66 per share today.

TripAdvisor issued a press release, saying it was considering offers to buy the company. The buyer would be Liberty Tripadvisor, which effectively has majority voting control.

Tripadvisor Inc (NASDAQ:TRIP), the review website, saw shares rally around 13% on Tuesday after reports revealed it was considering a possible sale. A special committee has been formed at the online travel agency to analyse proposals, some of which are believed could result in a sale.

Tripadvisor Inc (NASDAQ:TRIP) stock is surging today, after news that the company has formed a committee to explore possible deals.

Tripadvisor (NASDAQ: TRIP), an online travel company providing booking for hotel reservations, transportation, lodging, travel experiences, and restaurants, is scheduled to announce its fiscal fourth-quarter results on Thursday, February 15. We expect Tripadvisor's stock to likely trade lower due to revenue and earnings missing consensus estimates.