Despegar.com (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
