Airbnb Weak 2Q Guide Partly A Calendar Issue

Airbnb’s guidance for 2Q seems to have disappointed investors, but the company says it’s partly an issue with calendar shifts. CFO Ellie Mertz says on a call with analysts that the timing of Easter, which benefited results in 1Q, will be a headwind in 2Q on both revenue and margins. The company also notes a one-time payment processing incentive in the year-ago quarter and shifting in the timing of marketing spend. Airbnb’s forecast includes 8% to 10% revenue growth and a compression in margins. Shares fall 8.2% post-market.

Scroll to Top