Airbnb Inc

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Munich Re & Airbnb Q3 2024 Earnings Preview & Analysis

Munich Re anticipates a weaker quarter due to major loss events like Hurricane Helene, which alone led to €500 million in claims. Despite the Q3 challenges, the company expects to meet its full-year target of €5 billion profit due to strong year-to-date results. Airbnb is showing solid revenue growth, up nearly 10% YoY, fueled by international expansion and strong mobile app engagement. However, the expected EPS decline suggests cost pressures, potentially due to heightened marketing or regulatory challenges in key markets.

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