Despegar.com: Q3 Earnings Insights

Despegar.com DESP reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.

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

Despegar.com missed estimated earnings by 257.14%, reporting an EPS of $-0.11 versus an estimate of $0.07.

Revenue was up $32.55 million from the same period last year.

Last quarter the company beat on EPS by $0.19 which was followed by a 1.95% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.06	0.01	-0.08	-0.16
EPS Actual	0.25	-0.10	-0.30	-0.21
Revenue Estimate	158.85M	155.90M	150.25M	139.00M
Revenue Actual	165.50M	158.71M	145.54M	145.60M

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.