Despegar.com (DESP) to Release Quarterly Earnings on Friday

Despegar.com (NYSE:DESP) will likely be posting its Q4 2024 quarterly 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

Shares of DESP stock opened at $19.18 on Thursday. Despegar.com has a 1 year low of $9.25 and a 1 year high of $19.55. The stock’s 50 day simple moving average is $19.14 and its two-hundred day simple moving average is $17.82.

Analysts Set New Price Targets

Separately, B. Riley lowered Despegar.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price 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.