trivago N.V. ($TRVG) 3Q20 Earnings Sneak Peek

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trivago N.V. (NASDAQ:TRVG) is reporting third quarter earnings results on Monday 2nd November 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.03 per share from $ 82.16 million in revenue.

For the full year, analysts predict revenues of $ 353.79 million, while looking forward to loss of $ 0.84 per share.

Previous Quarter Performance

trivago N.V. unfold loss for the second quarter of $ 0.07 per share, from the revenue of $ 17.77 million. The quarterly revenues dropped 92.78 percent compared with the same quarter last year. Street analysts expected trivago N.V. to report loss of $ 0.06 per share on revenue of $ 28.60 million for the second quarter. The bottom line results missed street analysts by $ 0.01 or 16.67 percent, at the same time, top line results fell short of analysts by $ 10.83 million or 37.87 percent.

Stock Performance

On Friday, shares of trivago N.V. has traded high as $ 1.38 and has cracked $ 1.31 on the downward trend, reaching $ 1.35 with volume of 305.70 thousand shares.

According to the previous trading day, closing price of $ 1.35, representing a 4.62 % increase from the 52 week low of $ 1.30 and a 62.43 % decrease over the 52 week high of $ 3.62.

The company has a market capital of $ 476.96 million and is part of the Consumer Cyclical sector and Leisure industry.

Conference Call

trivago N.V. will be hosting a conference call at 8:15 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.trivago.de

trivago N.V., together with its subsidiaries, operates as a hotel and accommodation search platform. It offers online meta-search for hotels by facilitating consumers search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.