$194.02 Million in Sales Expected for Trivago NV – (TRVG) This Quarter

Equities research analysts expect that Trivago NV – (NASDAQ:TRVG) will announce sales of $194.02 million for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Trivago’s earnings, with estimates ranging from $186.29 million to $202.49 million. Trivago reported sales of $213.80 million during the same quarter last year, which indicates a negative year-over-year growth rate of 9.3%. The firm is expected to issue its next quarterly earnings results on Wednesday, February 6th.

On average, analysts expect that Trivago will report full year sales of $1.05 billion for the current fiscal year, with estimates ranging from $1.04 billion to $1.09 billion. For the next fiscal year, analysts expect that the business will post sales of $1.12 billion, with estimates ranging from $1.08 billion to $1.18 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Trivago.

Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, October 24th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.04. Trivago had a negative return on equity of 5.18% and a negative net margin of 4.61%. The business had revenue of $253.70 million during the quarter, compared to the consensus estimate of $261.60 million. During the same period last year, the business posted ($0.02) earnings per share. The business’s revenue for the quarter was down 11.9% on a year-over-year basis.

TRVG has been the subject of several recent research reports. Zacks Investment Research cut Trivago from a “buy” rating to a “hold” rating in a research report on Saturday, July 21st. BidaskClub upgraded Trivago from a “hold” rating to a “buy” rating in a research report on Tuesday, November 6th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $6.84.

Several hedge funds and other institutional investors have recently made changes to their positions in TRVG. Jane Street Group LLC purchased a new position in Trivago during the first quarter worth about $108,000. Clear Harbor Asset Management LLC purchased a new position in Trivago during the second quarter worth about $130,000. Atlas Capital Advisors LLC grew its position in Trivago by 200.0% during the second quarter. Atlas Capital Advisors LLC now owns 30,000 shares of the technology company’s stock worth $136,000 after buying an additional 20,000 shares in the last quarter. Miracle Mile Advisors LLC grew its position in Trivago by 123.0% during the third quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock worth $251,000 after buying an additional 22,500 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in Trivago during the first quarter worth about $500,000. Institutional investors own 6.16% of the company’s stock.

Shares of NASDAQ TRVG traded down $0.26 during mid-day trading on Friday, hitting $6.55. The company had a trading volume of 39,841 shares, compared to its average volume of 1,346,942. The stock has a market cap of $2.46 billion, a PE ratio of -110.33 and a beta of -0.17. Trivago has a 1 year low of $4.01 and a 1 year high of $10.05.

About Trivago

trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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Earnings History and Estimates for Trivago (NASDAQ:TRVG)

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