Despegar.com Announces 3Q18 Year-Over-Year Growth of 13% in Transactions
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Despegar.com, Corp. (DESP) Misses Q3 EPS by 12c, Revenues Miss
November 8, 2018 6:23 AM ESTDespegar.com, Corp. (NYSE: DESP) reported Q3 EPS of ($0.02), $0.12 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $121.2 million versus the consensus estimate of $123.77 million.
Commenting on the Companys results, Damian Scokin, CEO stated: This was a challenging quarter as we faced increasingly unfavorable macro conditions in Latin America, particularly in Argentina and Brazil, that impacted the travel... More
