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Q4 Earnings Roundup: Airbnb (NASDAQ:ABNB) And The Rest Of The Consumer Internet Segment

ABNB Cover Image

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Airbnb (NASDAQ: ABNB) and the rest of the consumer internet stocks fared in Q4.

The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible.

The 45 consumer internet stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 1.7% while next quarter’s revenue guidance was in line.

In light of this news, share prices of the companies have held steady as they are up 1.2% on average since the latest earnings results.

Airbnb (NASDAQ: ABNB)

Founded by Brian Chesky and Joe Gebbia in their San Francisco apartment, Airbnb (NASDAQ: ABNB) is the world’s largest online marketplace for lodging, primarily homestays.

Airbnb reported revenues of $2.78 billion, up 12% year on year. This print exceeded analysts’ expectations by 2.3%. Overall, it was a strong quarter for the company with revenue guidance for next quarter topping analysts’ expectations and a decent beat of analysts’ EBITDA estimates.

Airbnb Total Revenue

Interestingly, the stock is up 17.5% since reporting and currently trades at $136.27.

Read why we think that Airbnb is one of the best consumer internet stocks, our full report is free.

Best Q4: LendingTree (NASDAQ: TREE)

Using the same comparison model that revolutionized travel booking, LendingTree (NASDAQ: TREE) operates an online platform that connects consumers with financial service providers across mortgages, personal loans, credit cards, insurance, and other financial products.

LendingTree reported revenues of $319.7 million, up 22.2% year on year, outperforming analysts’ expectations by 11.5%. The business had an incredible quarter with EBITDA guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ EBITDA estimates.

LendingTree Total Revenue

LendingTree pulled off the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 25.6% since reporting. It currently trades at $47.41.

Is now the time to buy LendingTree? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: Robinhood (NASDAQ: HOOD)

With a mission to democratize finance, Robinhood (NASDAQ: HOOD) is an online consumer finance platform known for its commission-free stock and crypto trading.

Robinhood reported revenues of $1.28 billion, up 26.5% year on year, falling short of analysts’ expectations by 3.9%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates.

As expected, the stock is down 2.1% since the results and currently trades at $83.80.

Read our full analysis of Robinhood’s results here.

Roku (NASDAQ: ROKU)

With a name meaning six in Japanese because it was the founder's sixth company that he started, Roku (NASDAQ: ROKU) makes hardware players that offer access to various online streaming TV services.

Roku reported revenues of $1.39 billion, up 16.1% year on year. This result beat analysts’ expectations by 3%. It was an exceptional quarter as it also put up EBITDA guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.

The stock is up 18% since reporting and currently trades at $97.85.

Read our full, actionable report on Roku here, it’s free.

Revolve (NYSE: RVLV)

Launched in 2003 by software engineers Michael Mente and Mike Karanikolas, Revolve (NASDAQ: RVLV) is a fashion retailer leveraging social media and a community of fashion influencers to drive its merchandising strategy.

Revolve reported revenues of $324.4 million, up 10.4% year on year. This number topped analysts’ expectations by 6.2%. Overall, it was an exceptional quarter as it also recorded an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ revenue estimates.

The company reported 2.84 million active buyers, up 6.5% year on year. The stock is down 1.9% since reporting and currently trades at $25.40.

Read our full, actionable report on Revolve here, it’s free.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

StockStory’s analyst team — all seasoned professional investors — uses quantitative analysis and automation to deliver market-beating insights faster and with higher quality.

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