trivago Second Quarter 2024 Earnings: EPS Beats Expectations
trivago (NASDAQ:TRVG) Second Quarter 2024 Results
Key Financial Results
Revenue: €118.6m (down 4.7% from 2Q 2023).
Net loss: €4.94m (down by 186% from €5.78m profit in 2Q 2023).
€0.071 loss per share (down from €0.084 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
trivago EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 77%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's shares are down 1.4% 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. We've done some analysis and you can see our take on trivago's balance sheet.
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