TripAdvisor Price Target Cut As 2015 Guidance Lowered

By | July 24, 2015

Scalper1 News

TripAdvisor (TRIP) got several price target reductions Friday after it lowered revenue and earnings guidance for the year and missed its Q2 numbers on both the top and bottom lines, citing headwinds with currency and the global economy. The online travel site late Thursday reported Q2 revenue of $405 million, up 25% from the year-earlier quarter. Earnings per share minus items fell 1.8% to 54 cents. Analysts polled by Thomson Reuters had expected Scalper1 News

Scalper1 News