Trivago NV ADR Down 1.19% To $2.50 After Earnings Beat

Trivago NV - ADR (TRVG) reported better than expected earnings this afternoon for Q4 2023.

Trivago NV ADR's earnings came in at an EPS of $0.01 per share, 200.00% higher than estimates for an EPS loss of $0.01 per share. The firm's earnings are down 93% since reporting $0.15 per share in the same period a year ago.

Revenues were downbeat at $98.7 million. That represents a 7.81% decrease in revenues from the year-ago report and is 1.93% lower than consensus estimates set at $100.6 million.

The stock is down 1.19% to $2.50 after the report.

The firm's higher revenue growth to earnings signals that the firm has not been able to reduce costs and has seen its profit margin decrease.

The average recommendation from Wall Street analysts was a Hold which may get revised based on this new data.

Trading in the five days leading up to the report earned Trivago NV ADR a Bearish Sentiment Rank from InvestorsObserver.

Trivago NV ADR has performed a little below average during the past few months. Before the report, Trivago NV ADR received a Long-Term Technical Rank by InvestorsObserver of 28, putting it in the bottom half of stocks. The firm was recently trading at a 52-week low of $2.26 on December 5, 2023 and set a 52-week high on February 7, 2023 at $9.5.

trivago NV is a hotel search company focused on reshaping the way travelers search for and compare hotels while enabling hotel advertisers to grow their businesses by providing access to a broad audience of travelers through the company's websites and apps. The platform allows travelers to make informed decisions by personalizing their hotel search and providing access to a deep supply of hotel information and prices. The company operates in three operating segments namely the Americas, Developed Europe, and the Rest of the World. It derives a majority of revenue from Developed Europe segment. The Developed Europe segment is comprised of Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Portugal, Spain, Sweden, and others.