Q3 24 EPS
$0.50
BEAT +13.64%
Est. $0.44
Q3 24 Revenue
$532.0M
BEAT +0.78%
Est. $527.9M
vs S&P Since Q3 24
-49.1%
TRAILING MARKET
TRIP -25.9% vs S&P +23.2%
Market Reaction
Did TRIP Beat Earnings? Q3 2024 Results
TripAdvisor posted a solid beat to open its third quarter results, with non-GAAP earnings per share of $0.50 clearing the $0.44 consensus by 13.64% and revenue of $532.00 million edging past estimates by 0.78%, even as the top line remained essential… Read more TripAdvisor posted a solid beat to open its third quarter results, with non-GAAP earnings per share of $0.50 clearing the $0.44 consensus by 13.64% and revenue of $532.00 million edging past estimates by 0.78%, even as the top line remained essentially flat, down just 0.2% year-over-year. The clearest story inside the numbers was a widening divide between the company's legacy and growth businesses: Brand TripAdvisor continued to shrink, with revenue falling 12% to $255.00 million as branded hotel revenue dropped 17%, while Viator carried the quarter with 10% revenue growth to $270.00 million and a 76% surge in adjusted EBITDA to $30.00 million, lifting its margin to 11% from 7% a year ago. TheFork added further momentum, growing revenue 17% to $49.00 million and swinging to positive adjusted EBITDA. Management signaled continued commitment to an engagement-led pivot at its core brand while leaning into Viator and TheFork as the primary growth engines, a strategy some analysts believe could unlock meaningful upside in the stock.
Key Takeaways
- • Viator revenue grew 10% year-over-year driven by approximately 9% GBV growth
- • TheFork revenue grew 17% with bookings up approximately 6%
- • All three segments delivered positive adjusted EBITDA profitability
- • Cost discipline with total costs and expenses declining 1% year-over-year
- • TheFork swung to positive adjusted EBITDA of $5 million from a loss of $1 million
TRIP YoY Financials
Q3 2024 vs Q3 2023, source: SEC Filings
TRIP Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased with the Group's third quarter results, which are representative of the diverse categories in which we operate, and the segment strategies we are executing. All three of our segments delivered profitability, a testament to the operational rigor, product innovation, and hard work of our teams to transform our portfolio. We will continue to build on our distinct advantages as the foundation for durable revenue and profit growth over the long-term.”
— Matt Goldberg, Q3 2024 Earnings Press Release
TRIP Earnings Trends
TRIP vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TRIP EPS Trend
Earnings per share: estimate vs actual
TRIP Revenue Trend
Quarterly revenue: estimate vs actual
TRIP Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.07 | $-0.11 | -68.45% | $382.4M | -0.68% |
| Q4 25 MISS FY | $0.13 | $0.04 | -69.63% | $411.0M | -0.40% |
| FY Full Year | — | $1.27 | — | $1.89B | — |
| Q3 25 BEAT | $0.55 | $0.65 | +17.84% | $553.0M | -1.71% |
| Q2 25 BEAT | $0.43 | $0.46 | +7.88% | $529.0M | -0.13% |
| Q1 25 BEAT | $0.05 | $0.14 | +174.51% | $398.0M | +2.66% |
| Q4 24 BEAT FY | $0.21 | $0.30 | +40.85% | $411.0M | +2.75% |
| FY Full Year | $1.21 | $1.30 | +7.23% | $1.84B | +0.58% |
| Q3 24 BEAT | $0.44 | $0.50 | +13.64% | $532.0M | +0.78% |
| Q2 24 BEAT | $0.37 | $0.39 | +5.41% | $497.0M | -1.55% |