TripAdvisor: Q4 Earnings Snapshot
NEEDHAM, Mass. (AP) — NEEDHAM, Mass. (AP) — TripAdvisor Inc. (TRIP) on Tuesday reported a loss of $3 million in its fourth quarter.
The Needham, Massachusetts-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The travel website operator posted revenue of $354 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $343.8 million.
For the year, the company reported profit of $20 million, or 14 cents per share. Revenue was reported as $1.49 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRIP at https://www.zacks.com/ap/TRIP