$224.78 Million in Sales Expected for Trivago N.V. ADS (TRVG) This Quarter
Equities analysts expect that Trivago N.V. ADS (NASDAQ:TRVG) will post $224.78 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Trivago N.V. ADS’s earnings. The lowest sales estimate is $212.28 million and the highest is $237.27 million. The business is expected to report its next earnings results on Friday, February 23rd.
On average, analysts expect that Trivago N.V. ADS will report full-year sales of $224.78 million for the current year, with estimates ranging from $1.19 billion to $1.20 billion. For the next financial year, analysts forecast that the business will report sales of $1.36 billion per share, with estimates ranging from $1.17 billion to $1.60 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Trivago N.V. ADS.
Trivago N.V. ADS (NASDAQ:TRVG) last released its earnings results on Wednesday, October 25th. The technology company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company had revenue of $287.90 million during the quarter, compared to analysts’ expectations of $286.07 million. During the same period last year, the firm posted ($0.01) EPS. Trivago N.V. ADS’s quarterly revenue was up 16.7% compared to the same quarter last year.
Trivago N.V. ADS (NASDAQ TRVG) traded up $0.36 during mid-day trading on Tuesday, hitting $6.96. 2,622,400 shares of the stock traded hands, compared to its average volume of 1,244,671. Trivago N.V. ADS has a 1 year low of $6.45 and a 1 year high of $24.27.
A number of hedge funds have recently bought and sold shares of TRVG. Creative Planning increased its position in Trivago N.V. ADS by 87.1% during the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock valued at $103,000 after acquiring an additional 2,030 shares during the last quarter. Thompson Davis & CO. Inc. bought a new position in Trivago N.V. ADS during the second quarter valued at $124,000. D.A. Davidson & CO. bought a new position in Trivago N.V. ADS during the second quarter valued at $190,000. Cetera Investment Advisers bought a new position in shares of Trivago N.V. ADS in the second quarter worth about $210,000. Finally, AGF Investments Inc. bought a new position in shares of Trivago N.V. ADS in the second quarter worth about $342,000. Institutional investors and hedge funds own 8.20% of the company’s stock.
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About Trivago N.V. ADS
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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