Despegar.com (DESP) Expected to Announce Quarterly Earnings on Friday

Despegar.com (NYSE:DESP) is projected to announce its Q4 2024 earnings results before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $212.40 million for the quarter.

Despegar.com Trading Down 0.4 %

Shares of DESP opened at $19.18 on Thursday. Despegar.com has a 1-year low of $9.25 and a 1-year high of $19.55. The company has a 50-day moving average of $19.14 and a 200 day moving average of $17.82.

Analysts Set New Price Targets

Separately, B. Riley downgraded shares of Despegar.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.20.

About Despegar.com

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.