Investing.com - Trivago reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Trivago announced earnings per share of €0.0126 on revenue of €145.25M. Analysts polled by Investing.com anticipated EPS of €0.0165 on revenue of €149.7M.
Trivago shares are down 16.27% from the beginning of the year, still down 45.63% from its 52 week high of €3.20 set on November 8, 2021. They are outperforming the Nasdaq which is down 20.14% 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 July 26, who reported EPS of €1.21 on revenue of €69.69B, compared to forecasts EPS of €1.27 on revenue of €69.8B.
Meta Platforms had missed expectations on July 27 with second quarter EPS of €2.46 on revenue of €28.82B, compared to forecast for EPS of €2.54 on revenue of €28.91B.
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