Despegar.com: Q1 Earnings Insights

Despegar.com DESP reported its Q1 earnings results on Thursday, May 19, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Despegar.com missed estimated earnings by 221.43%, reporting an EPS of $-0.45 versus an estimate of $-0.14.

Revenue was up $60.56 million from the same period last year.

Last quarter the company missed on EPS by $0.09 which was followed by a 0.44% drop in the share price the next day.

Here's a look at Despegar.com's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.08	-0.32	-0.35	-0.28
EPS Actual	-0.17	-0.30	-0.32	-0.47
Revenue Estimate	110.93M	74.90M	55.40M	54.47M
Revenue Actual	124.56M	83.37M	63.07M	51.85M

To track all earnings releases for Despegar.com visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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