Form 8-K TripAdvisor, Inc. For: May 04
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TripAdvisor (TRIP) PT Cut to $60 at RBC Capital
May 5, 2016 3:56 PM EDTRBC Capital analyst Mark Mahaney cut his price target on TripAdvisor (NASDAQ: TRIP) to $60.00 (from $70.00) and reiterated a Sector Perform rating following Q1 results materially below expectations, but comments that the 2nd-half would be better.
commented, "TRIP posted Q1 results materially below expectations, but had stated that H2:16 should be better than H1:16 consistent with mgmts commentary throughout the... More
TripAdvisor (TRIP) Misses Q1 EPS by 14c
May 4, 2016 4:04 PM EDTTripAdvisor (NASDAQ: TRIP) reported Q1 EPS of $0.32, $0.14 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $352 million versus the consensus estimate of $370.46 million.
"With the global launch of instant booking now substantively complete, users around the globe can now... More
