Airbnb prepares for Q3 earnings report

Airbnb is scheduled to report its third-quarter financial results following a period of growth. In the previous quarter, the company reported revenues of $3.61 billion, representing a 16.5% year-on-year increase, and recorded 148 million nights booked, up 10.4% from the prior year.

Market analysts are currently expecting Airbnb to see a revenue growth of 15.9% year-on-year for the upcoming quarter. While some peers in the consumer internet segment, such as Booking and Fiverr, have recently reported varying results, analysts have generally reconfirmed their estimates for Airbnb heading into the announcement.