9:42 ET -- Airbnb is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The San Francisco short-term rental company posted net income Thursday of $1.37 billion, or $2.13 a share, roughly in line with analyst expectations for $2.14 a share, according to FactSet. Revenue rose 10% to $3.73 billion, in line with analyst expectations. Airbnb noted strong demand trends so far in the fourth quarter, adding that it expects revenue to rise between 8% and 10%, or to between $2.39 billion and $2.44 billion. Analysts surveyed by FactSet are looking for $2.42 billion. Dow Jones & Co. owns Factiva. (zaeem.shoaib@wsj.com)
(END) Dow Jones Newswires
11-08-24 0957ET