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Airbnb (NASDAQ:ABNB) Posts Earnings Results, Beats Expectations By $0.11 EPS
['Trevor Kearing']
Daily Political
The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.11, FiscalAI reports.
Airbnb Stock Down 0.6%ABNB stock traded down $0.85 during mid-day trading on Thursday, hitting $151.64.
CFO Elinor Mertz sold 3,748 shares for approximately $575,000, while director Nathan Blecharczyk sold 13,615 shares worth about $2.07 million.
Also, Director Joseph Gebbia sold 265,000 shares of Airbnb stock in a transaction that occurred on Monday, July 27th.
Institutional Investors Weigh In On AirbnbA number of large investors have recently bought and sold shares of ABNB.