In this article

ABNB

Follow your favorite stocks CREATE FREE ACCOUNT

Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts' estimates for revenue and offered rosy guidance.

Here's how the company did based on average analysts' estimates compiled by LSEG:

Earnings per share: $2.21 vs. $2.34 cents expected

Revenue: $4.10 billion vs. $4.08 billion expected

Revenue increased 10% from $3.73 billion during the same period last year. The company reported net income of $1.374 billion, or $2.21 per share, up slightly from $1.368 billion, or $2.13 per share, a year earlier.

For the fourth quarter, Airbnb said it expects to report revenue of $2.66 billion to $2.72 billion. Analysts were expecting

See Full Page