Airbnb, Inc. (ABNB) is set to report its first quarter earnings for 2024, with analysts and the company projecting notable figures. For Q1 2024, Airbnb has guided expected revenues to be in the range of $2.03 billion to $2.07 billion, signaling a year-over-year growth of 12% to 14%. This guidance reflects a positive outlook on the company’s performance amid an evolving travel industry landscape​​.

From an earnings perspective, analysts have estimated earnings per share (EPS) for Q1 2024. For instance, B. Riley analysts forecast an EPS of $0.12 for the quarter, suggesting a cautious stance with a neutral rating and a price target of $150 for Airbnb’s stock​​.

Looking back at the fourth quarter of 2023, Airbnb reported earnings that exceeded expectations. The company posted an EPS of $0.76, surpassing the consensus estimate of $0.67. This performance highlighted a robust quarter with earnings significantly higher than the previous year’s EPS of $0.48. Revenue for the quarter also topped forecasts, amounting to $2.22 billion compared to the expected $2.16 billion. This solid financial achievement in the fourth quarter set a positive precedent entering 2024​​.