Despegar.com (DESP) Expected to Announce Earnings on Friday

Despegar.com (NYSE:DESP) is expected to be announcing its earnings results before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $212.40 million for the quarter.

Despegar.com Stock Performance

Despegar.com stock opened at $19.10 on Friday. Despegar.com has a 1 year low of $9.25 and a 1 year high of $19.55. The firm’s 50 day moving average price is $19.15 and its two-hundred day moving average price is $17.64.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. B. Riley cut Despegar.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. TD Cowen upgraded Despegar.com from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.20.

Despegar.com Company Profile

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.