A Preview Of Despegar.com's Earnings

On Friday, August 21, Despegar.com DESP will release its latest earnings report. Benzinga's outlook for Despegar.com is included in the following report.

Earnings and Revenue

Sell-side analysts are expecting Despegar.com's loss per share to be near $0.46 on sales of $9.13 million. In the same quarter last year, Despegar.com posted a loss of $0.23 per share on sales of $114.09 million. If the company were to match the consensus estimate when it reports Friday, earnings per share would be down 100.0%. Sales would be down 92.0% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are down 24.78%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Despegar.com is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.despegar.com%2Fevents-and-presentations%2Fevents%2Fdefault.aspx&eventid=2403280&sessionid=1&key=9FCBC2B06FDE6E7244F3263EEB476AA8&regTag=&sourcepage=register