Key points:
- Tripadvisor stock dips on Q4 earnings, reported a loss of $0.01 on consensus of $0.09
- Revenue jumped 108% year-on-year, but still missed analyst expectations
- Travel stocks are worth keeping a keen eye on; pre-emptive of the travel bounce
Following a promising earnings report from Airbnb earlier in the week, Tripadvisor (NASDAQ: TRIP) is the latest travel company to update eager investors on the current health of the travel industry, after the extended aura of panic gives way to growing anticipation as a travel resurgence draws closer. TRIP stocked initially dropped around 8% premarket before regaining most of the loss with the opening the market, with the stock now sitting on a daily loss of just 2%.
The company reported an adjusted Q4 loss of $0.01 versus the consensus estimate of $0.09 per share and compared to $0.16 in the previous quarter. Revenue soared to $241M, illustrating a 108% growth year-over-year, but still missed analyst expectations of $247.9M.
The majority of Tripadvisor’s Q4 users were driven by the progress in global vaccination effort, relaxing government travel restrictions, and a swelling demand in consumer travel. Tripadvisor Plus showed strength over the quarter as the subscription-based service continues to grow. Still, travel disruptions acted as a clear hurdle, with Omicron fears weighing on the later months of 2021.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
In the early months of 2022, the haze over the travel industry is slowly starting to clear and optimism is returning to consumers. Travel stocks that have taken a beating over the last two years are starting to look more appealing than ever as they gear up for a sharp bounceback in travel.
