Despegar.com Q3 Adjusted EPS, Revenue Increase

MT Newswires Live

2024-11-15

Despegar.com (DESP) reported Q3 adjusted earnings Thursday of $0.34 per diluted share, up from $0.01 a year earlier.

Three analysts polled by Capital IQ expected $0.18.

Revenue for the quarter ended Sept. 30 was $193.9 million, up from $178.1 million a year earlier.

Four analysts surveyed by Capital IQ expected $189.8 million.

The company said it expects 2024 revenue of at least $760 million, unchanged from the previous guidance.

Analysts polled by Capital IQ expect $765.1 million.

The stock was up more than 12% in extended trading.

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