(Bloomberg) -- TripAdvisor Inc. jumped as much 24 percent on Wednesday to the highest in almost a year after reporting first-quarter profit that beat analyst projections. The online travel company posted adjusted earnings per share of 30 cents, beating the average estimate of 16 cents. Chief Financial Officer Ernst Teunissen said TripAdvisor is "tracking well to our 2018 financial objectives."
To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net.
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Sheldon Reback, Catherine Larkin
©2018 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
