Tripadvisor Inc (TRIP) Misses On Revenue, Shares Dive

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HFA Staff
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Tripadvisor Inc (NASDAQ:TRIP) released its earnings report for the three months through March 31 on Tuesday afternoon after the bell rang on Wall Street. The company showed earnings of $0.54 per share for the three months. Revenue in the period, which Tripadvisor records as its first of fiscal 2014, came in at $281 million. On today’s market shares in the company were battered by overall market contraction. The company’s stock finished trading at $81.37 on Tuesday. In the run up to the release of these numbers analysts tasked with projecting Tripadvisor Inc (NASDAQ:TRIP) earnings were looking for the company to show…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.