8 November 2022 | Other

TripAdvisor couldn’t reach the expected profit

The forecasts related to the quarterly profit of TripAdvisor Inc turned out to be wrong. However, the quarterly revenue of the company exceeded expectations as the clients renewed their interest in trips.

On Monday, in after-hours trading, the share price of the booking site fell by 15%.

The value of net income in the third quarter hit $25 million or 17 cents per share. The value of adjusted earnings hit 28 cents per share, although this amount was expected to be 38 cents. 

As for the volume of revenue, it exceeded expectations. It hit $459 million, although experts were forecasting the amount of $443.8 million. It is 51% more than in the last year. The company declared that due to fluctuations in foreign exchange rates, the volume of revenue was lower by 34 million dollars.

Also, TripAdvisor says that its results show a stable demand for trips and dining, and another quarter of sustained growth is needed before a full recovery.



Company MarketCheese
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
Today at 08:47 AM 13
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
Today at 06:47 AM 22
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
Yesterday at 10:38 AM 21
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
Yesterday at 10:38 AM 23
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 34
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 52
Go to forecasts