TripAdvisor Misses In Q1, But Ups Full-Year Outlook

By | May 6, 2014

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TripAdvisor late Tuesday missed its first-quarter targets, but upped its full-year guidance on expectations that payments from partner hotel-booking websites will increase. TripAdvisor’s (TRIP) per-share profit ex items in Q1 climbed 8% to 54 cents vs. consensus at 55 cents, according to Thomson Reuters data. Sales climbed 32% to $281 million, shy of analysts’ consensus at $282.9 million. In June 2013, the Newton, Mass.-based company launched a Scalper1 News

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