trivago Third Quarter 2024 Earnings: Misses Expectations

In This Article:

trivago (NASDAQ:TRVG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €146.1m (down 7.5% from 3Q 2023).

  • Net loss: €15.4m (loss narrowed by 92% from 3Q 2023).

  • €0.22 loss per share (improved from €2.66 loss in 3Q 2023).

earnings-and-revenue-growth
NasdaqGS:TRVG Earnings and Revenue Growth November 10th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

trivago Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on trivago's balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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