{"id":10416,"date":"2021-11-08T17:44:00","date_gmt":"2021-11-08T14:44:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=10416"},"modified":"2023-10-17T17:39:29","modified_gmt":"2023-10-17T14:39:29","slug":"airbnb-and-uber-shares-are-growing-after-reports-for-q3-2021","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/11\/08\/airbnb-and-uber-shares-are-growing-after-reports-for-q3-2021\/","title":{"rendered":"Airbnb and Uber Shares Are Growing After Reports for Q3, 2021"},"content":{"rendered":"\n

Airbnb and Uber published their quarterly reports for July-September, 2021 on November 4th. Performance of both companies last quarter was above expectations of analysts. I’ll share with you the most interesting facts provided by the corporations and a fresh tech analysis<\/a> of their stocks<\/a>.<\/p>\n\n\n\n

<\/span><\/a>Airbnb report for Q3, 2021: all-time high revenue and profit<\/span><\/h2>\n\n\n\n

An American company Airbnb, owning a dwelling rental service with the same name, reported that bookings remain abundant. In July-September, people booked dwellings and entertainment options 79.7 million times. This is 29% more than in Q3, 2020.<\/p>\n\n\n\n

Also note that the number of rentals for 7 and more nights keeps growing. Over the previous quarter, this parameter has grown by 45%. In North America and Europe, the increase in the number of bookings was the most prominent.<\/p>\n\n\n\n

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After the Q3 report was published, Airbnb shares grew by almost 13%<\/em><\/p>\n<\/blockquote>\n\n\n\n

The recovery of the tourist industry let the corporation reach all-time high quarterly revenue and profit. On November 5th, with such great statistics, the shares of Airbnb (NASDAQ: ABNB) grew by 12.98% to $201.62. As you remember, since January, the share price has increased by 37.3%.<\/p>\n\n\n\n

The company is optimistic about the tourist industry, hoping that the vaccination campaign will drive it to the pre-crisis<\/a> level. This allows making quite bold guesses about the revenue in Q4: in October-December, the revenue is to reach $1.39-1.48 billion. Analysts on average suggest $1.44 billion.<\/p>\n\n\n\n

<\/span><\/a>Important report details<\/span><\/h3>\n\n\n\n