Accommodation

Airbnb’s Q3 earnings surpassed revenue expectations, boosting shares. Revenue rose 10% year-over-year to $4.10 billion, exceeding the $4.08 billion estimate. EPS was $2.21, slightly below the expected $2.34. The company anticipates Q4 revenue between $2.66 billion and $2.72 billion, exceeding estimates. Nights and experiences booked increased by 9% to 133.6 million. Gross booking value reached $22.9 billion, a 14% increase. Adjusted EBITDA hit a record $2.1 billion. New features and AI integration are driving growth.