TRVG has now been swept under the radar due to the impact of the pandemic- which has resulted in fewer hotel bookings and online travel. But with the conception of the vaccine for coronavirus, along with its approval both in the USA and Europe, stocks might get some momentum back. Unfortunately, the stocks of TRVG are still underperforming to a whole other degree on the S&P 500 Index. The company has decreed that it would come back to its original state by the latter half of 2021. And with markets moving forward, it is only prudent that some investors would be carefully checking up on the shares of TRVG for pullbacks.
Q3 FY 2020 Earnings Release for TRVG
Trivago brought out the third-quarter earnings for 2020 on the 2nd of November. The EPS was met with a loss of -0.01 EUR, with a revenue of 50.64 EUR. The RQP or Revenue per Qualified Referral towards the American went from 1 EUR to 2.24 EUR. The stocks of TRVG have been known to generate a sumptuous portion of these revenues using OTA or online travel agencies. When the brand got itself affiliated with EXPE, the revenue referral was 22% and 29% for the third quarter.
TRVG is one of the many faces of online tourism– and it has provided access to close to 5 million hotels worldwide. The service has been spread out to accommodations using 54 websites in 32 different languages. The company did experience a slight change in its volume with the lockdown receding a bit. Nonetheless, the stocks of TRVG still remain soft due to the increasing volatility.