$194.02 Million in Sales Expected for Trivago NV – (TRVG) This Quarter

Equities research analysts expect Trivago NV – (NASDAQ:TRVG) to report sales of $194.02 million for the current quarter, Zacks reports. Six analysts have made estimates for Trivago’s earnings. The lowest sales estimate is $186.29 million and the highest is $202.49 million. Trivago reported sales of $213.80 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 9.3%. The business is expected to issue its next earnings results on Wednesday, February 6th.

According to Zacks, analysts expect that Trivago will report full-year sales of $1.05 billion for the current year, with estimates ranging from $1.04 billion to $1.09 billion. For the next fiscal year, analysts forecast that the company will report sales of $1.12 billion, with estimates ranging from $1.08 billion to $1.18 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Trivago.

Trivago (NASDAQ:TRVG) last announced its quarterly earnings results on Wednesday, October 24th. The technology company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. Trivago had a negative net margin of 4.61% and a negative return on equity of 5.18%. The company had revenue of $253.70 million for the quarter, compared to analyst estimates of $261.60 million. During the same quarter last year, the business earned ($0.02) earnings per share. Trivago’s revenue was down 11.9% compared to the same quarter last year.

Separately, BidaskClub lowered shares of Trivago from a “buy” rating to a “hold” rating in a research note on Tuesday, November 13th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $6.84.

Several hedge funds and other institutional investors have recently bought and sold shares of TRVG. Clear Harbor Asset Management LLC acquired a new position in shares of Trivago during the second quarter valued at approximately $130,000. Jane Street Group LLC acquired a new position in shares of Trivago during the third quarter valued at approximately $205,000. Miracle Mile Advisors LLC increased its stake in shares of Trivago by 123.0% during the third quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock valued at $251,000 after acquiring an additional 22,500 shares during the period. Bluefin Trading LLC acquired a new position in shares of Trivago during the third quarter valued at approximately $773,000. Finally, Putnam Investments LLC acquired a new position in shares of Trivago during the third quarter valued at approximately $1,645,000. Institutional investors and hedge funds own 6.18% of the company’s stock.

Shares of NASDAQ:TRVG opened at $6.17 on Monday. Trivago has a 52 week low of $4.01 and a 52 week high of $10.05. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of -102.83 and a beta of -0.17.

Trivago Company Profile

trivago N.V., together with its subsidiaries, operates as a hotel 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.

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Earnings History and Estimates for Trivago (NASDAQ:TRVG)

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