Airbnb CEO and co-founder Brian Chesky speaks at The Quick Firm Innovation Pageant on September 21, 2022, in New York.
Eugene Gologursky | Getty Photos Leisure | Getty Photos
Airbnb shares dropped 14% in after-hours buying and selling after the corporate reported second-quarter earnings that missed analyst expectations and warned that it is seeing indicators of slowing demand from U.S. prospects.
This is how the corporate did in comparison with LSEG estimates for the quarter ended June 30:
- Earnings per share: $0.86 versus $0.92 anticipated.
- Income: $2.75 billion versus $2.74 billion anticipated.
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