Trivago N.V. ADS (NASDAQ:TRVG) Releases Earnings Results, Beats Expectations By $0.02 EPS

Trivago N.V. ADS (NASDAQ:TRVG) released its quarterly earnings results on Wednesday, October 25th. The technology company reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.02, Bloomberg Earnings reports. The company had revenue of $287.90 million during the quarter, compared to the consensus estimate of $286.07 million. The company’s revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.01) earnings per share.

Shares of Trivago N.V. ADS (NASDAQ TRVG) traded down $0.07 on Friday, hitting $7.48. The stock had a trading volume of 965,100 shares, compared to its average volume of 1,246,849. Trivago N.V. ADS has a 1 year low of $7.23 and a 1 year high of $24.27.

Several research analysts have recently commented on the company. Deutsche Bank AG reissued a “hold” rating and issued a $24.00 price target (up from $19.00) on shares of Trivago N.V. ADS in a research report on Wednesday, July 26th. Citigroup Inc. reduced their target price on Trivago N.V. ADS from $25.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, August 7th. Wells Fargo & Company reaffirmed a “hold” rating on shares of Trivago N.V. ADS in a research report on Thursday, July 27th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $21.00 target price (down from $23.00) on shares of Trivago N.V. ADS in a research report on Wednesday, August 9th. Finally, Guggenheim lowered Trivago N.V. ADS from a “buy” rating to a “neutral” rating and set a $15.00 target price on the stock. in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. Trivago N.V. ADS has a consensus rating of “Hold” and a consensus target price of $16.00.

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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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