DESP stock news

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced that its Brazilian subsidiary Decolar launched a co-branded credit card in partnership with Visa Inc. and Banco Santander (Brasil) S.A. for the Brazilian market. A unique feature of this new card is that it can be approved online before making the first travel purchase. All points accumulated with this co-branded card will be availa Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2019 results on Thursday, March 5, before the market opens. Earnings Release Thursday, March 5, 2020 Time: Before Market Open Conference Call Thursday, March 5, 2020 Time: 8:00 a.m. Eastern Time Quiet Period (3 weeks) Thursday, February 13 through Thursday, March 5, 2020 Executives Mr. Damián Scokin, Chief Executive Offic Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced it has agreed to acquire Best Day Travel Group (“Best Day”) one of the leading travel agencies in Mexico, for a total consideration of approximately US$136 million, subject to the occurrence of certain closing and business conditions. A portion of the purchase price is payable on a deferred basis and includes a variable component of up to circa +/ Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced it has entered into a 10-year Commercial Partnership Agreement with Tarjeta Naranja S.A. (Naranja), the leading branded proprietary credit card issuer in Argentina, and subsidiary of Grupo Financiero Galicia S.A. Through this agreement, Despegar will provide a white label online marketplace to Naranja to jointly sell Despegar’s tr Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced unaudited results for the three- and nine-months ended September 30, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. Third Quarter 2019 Key Financial and Operating Highlights (For definitions see page 9) Gross bookings reached $1.2 billion, a y Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced that it has rescheduling its Investor Day. The event will now take place on Tuesday, December 10, 2019 in New York City. The Investor Day was previously scheduled for December 12, 2019. The Investor Day will feature presentations by: Damián Scokin, Chief Executive Officer; Alberto López Gaffney, Chief Financial Officer and other m Read more
WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced it has signed a 10-year exclusive agreement with Industrial and Commercial Bank of China (Argentina) S.A. (“ICBC”) to launch a co-branded credit card in Argentina in partnership with Mastercard Incorporated (“Mastercard”) as Despegar continues to pursue its strategy of further enhancing brand awareness and deepening customer engagem Read more
Despegar.com (DESP) delivered earnings and revenue surprises of 0.00% and 2.27%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock? Read more
Despegar.com (DESP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Read more
DESP earnings call for the period ending March 31, 2019. Read more

Despegar.com (DESP) Lags Q1 Earnings Estimates

11:30am, Thursday, 09'th May 2019
Despegar.com (DESP) delivered earnings and revenue surprises of -25.00% and 3.63%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock? Read more

Despegar.com EPS in-line, beats on revenue

10:05am, Thursday, 09'th May 2019
Despegar.com (DESP): Q1 GAAP EPS of $0.03 in-line. Revenue of $133.11M (-10.4% Y/Y) beats by $4.21M. Press Release Read more
Despegar.com (DESP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Read more

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