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Update: Airbnb Shares Surge Pre-Bell After Q3 Earnings, Revenue Beat Consensus; Unveils $12 Billion Share Buyback

Update: Airbnb Shares Surge Pre-Bell After Q3 Earnings, Revenue Beat Consensus; Unveils $12 Billion Share Buyback

MT newswireMT newswire2026/11/06 10:00
06:00 AM EST, 11/06/2026 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Airbnb (ABNB) shares jumped 12% in Friday's premarket activity after the company reported a stronger-than-expected increase in Q3 earnings and revenue, and unveiled a share buyback authorization. The company reported Q3 earnings late Thursday of $3.16 per diluted share, up from $2.21 a year earlier. Analysts polled by FactSet expected $2.85. Revenue in the three months ended Sept. 30 rose to $4.87 billion from $4.01 billion a year earlier. Analysts expected $4.75 billion. The company expects Q4 revenue of $3.22 billion to $3.28 billion. Analysts project $3.16 billion. Airbnb also launched a new authorization to repurchase up to an additional $12 billion class A common stock.
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