Investing.com - Trivago reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trivago announced earnings per share of €0.0293 on revenue of €112.16M. Analysts polled by Investing.com anticipated EPS of €0.0286 on revenue of €110.09M.
Trivago shares are down 3.21% from the beginning of the year, still down 49.40% from its 52 week high of €4.17 set on June 1, 2021. They are outperforming the Nasdaq which is down 19.87% from the start of the year.
Trivago follows other major Communication Services sector earnings this month
Trivago's report follows an earnings missed by Alphabet C on April 26, who reported EPS of €24.62 on revenue of €68.01B, compared to forecasts EPS of €25.59 on revenue of €68.06B.
Meta Platforms had beat expectations on April 27 with first quarter EPS of €2.72 on revenue of €27.91B, compared to forecast for EPS of €2.56 on revenue of €28.28B.
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