Brokerages expect TripAdvisor, Inc. (NASDAQ:TRIP) to announce earnings of $0.19 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for TripAdvisor’s earnings. The highest EPS estimate is $0.25 and the lowest is $0.14. TripAdvisor reported earnings of $0.28 per share in the same quarter last year, which would suggest a negative year over year growth rate of 32.1%. The firm is expected to issue its next earnings results after the market closes on Tuesday, August 8th.

According to Zacks, analysts expect that TripAdvisor will report full year earnings of $0.76 per share for the current financial year, with EPS estimates ranging from $0.63 to $0.88. For the next fiscal year, analysts forecast that the firm will report earnings of $0.81 per share, with EPS estimates ranging from $0.68 to $0.94. Zacks’ EPS averages are a mean average based on a survey of research firms that cover TripAdvisor.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Tuesday, May 9th. The travel company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. TripAdvisor had a return on equity of 8.87% and a net margin of 6.87%. The company had revenue of $372 million during the quarter, compared to analysts’ expectations of $376.67 million. During the same quarter in the prior year, the company posted $0.33 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis.

Several research analysts have commented on TRIP shares. Zacks Investment Research raised TripAdvisor from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. Credit Suisse Group lowered TripAdvisor from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $40.00 to $34.00 in a research report on Monday, June 19th. Hilliard Lyons raised TripAdvisor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $45.00 to $65.00 in a research report on Friday, May 12th. Vetr lowered TripAdvisor from a “buy” rating to a “hold” rating and set a $42.29 price target on the stock. in a research report on Monday, April 17th. Finally, Bank of America Corporation reaffirmed an “underperform” rating and set a $35.00 price target on shares of TripAdvisor in a research report on Sunday, May 28th. Eight research analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $46.47.

TripAdvisor (NASDAQ:TRIP) traded down 1.11% during midday trading on Tuesday, reaching $39.12. The company’s stock had a trading volume of 698,003 shares. The stock has a market cap of $5.52 billion, a P/E ratio of 55.02 and a beta of 2.36. TripAdvisor has a 12-month low of $35.34 and a 12-month high of $70.37. The stock’s 50 day moving average is $37.65 and its 200 day moving average is $42.97.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of TripAdvisor during the fourth quarter worth $18,194,000. Teachers Advisors LLC raised its position in shares of TripAdvisor by 5.5% in the fourth quarter. Teachers Advisors LLC now owns 125,474 shares of the travel company’s stock worth $5,818,000 after buying an additional 6,500 shares in the last quarter. Kentucky Retirement Systems acquired a new position in shares of TripAdvisor during the fourth quarter worth $385,000. Highbridge Capital Management LLC acquired a new position in shares of TripAdvisor during the fourth quarter worth $496,000. Finally, Chevy Chase Trust Holdings Inc. raised its position in shares of TripAdvisor by 1.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 97,350 shares of the travel company’s stock worth $4,202,000 after buying an additional 1,844 shares in the last quarter. 89.06% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Company Profile

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

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Earnings History and Estimates for TripAdvisor (NASDAQ:TRIP)

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