Airbnb Q2 Earnings Preview: Keep an Eye on This Metric
Airbnb (NASDAQ: ABNB) is set to report second-quarter earnings on Thursday, Aug. 12. Folks will be watching the global travel facilitator to see how its customers are responding to two concurrent trends: reopening economies and the spread of the coronavirus delta variant.
The company is likely to be one of the prime beneficiaries of reopening economies. Many people have delayed taking trips because of the pandemic, and the unleashing of pent-up demand could be favorable for Airbnb. Simultaneously, the spread of the delta variant could cause travelers to be more cautious.
That's why the one metric to pay close attention to this quarter is unearned fees, which are reservations made but not yet experienced. It will give insight into people's confidence in making travel plans for the rest of the year.
Source Fool.com
