News

Despegar.com Announces 4Q24 and FY24 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2024 (“Fourth quarter 2024” or “4Q24”) and full year 2024 (“FY24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject.
    04/29/2025

Despegar.com: B2B Expansion, But Caution Due To Investigations In Brazil

  • Despegar.com posted a 35% increase in gross bookings and a 94% rise in adjusted EBITDA, with the B2B segment now representing 19% of total operations. The acquisition agreement with Prosus could strengthen Despegar's financial and technological position, pending shareholder and regulatory approval. Potential investigation impacts could adjust the acquisition price. Ongoing investigations into alleged fare fraud in Brazil pose reputational and legal risks. The outcome could impact the company's relationships and long-term valuation.
    03/27/2025
Profitability
Dividends
Income Statement
Balance Sheet
Cash Flow Statement
Symbol Frequently Asked Questions

Despegar.com, Corp. (DESP) can sell. Click on Rating Page for detail.

The price of Despegar.com, Corp. (DESP) is 19.465 and it was updated on 2025-05-09 07:00:18.

Currently Despegar.com, Corp. (DESP) is in undervalued.

News
    
News

Despegar and HBX Group Enter Into a Strategic Partnership

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, announces a strategic partnership with HBX Group, a leading independent B2B travel technology marketplace. This collaboration marks a relevant step towards expanding Despegar's service offerings, particularly by integrating HBX Group's European and North American non-air inventory into Despegar's platform. Through this partnership Despegar p.
    Wed, Jan. 29, 2025

Assessing Prosus' Value After The Despegar Acquisition And Tencent's Correction

  • Prosus N.V. stock trades at a significant discount to its NAV, which primarily consists of Tencent Holdings Limited shares. Tencent itself has underperformed recently, meaning that Prosus potentially offers a “double discount” opportunity for value investors. I don't think Prosus can eliminate its NAV discount any time soon, but moves such as the Despegar.com acquisition are incrementally small steps in the right direction.
    Wed, Jan. 08, 2025

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Despegar.com, Corp. - DESP

  • NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Despegar.com, Corp. (NYSE: DESP ), relating to the proposed merger with Prosus.
    Mon, Dec. 30, 2024

Prosus buys Despegar for $1.7B, taking a bite out of Latin America's travel sector

  • Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region.
    Mon, Dec. 23, 2024

Shareholder Alert: Ademi LLP investigates whether Despegar.com, Corp. is obtaining a Fair Price for its Public Shareholders

  • MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Despegar (NYSE: DESP) for possible breaches of fiduciary duty and other violations of law in its transaction with Prosus. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Despegar stockholders will receive $19.50 per share, representing an enterprise value of approximately $1.7 billio.
    Mon, Dec. 23, 2024
Transcripts
Transcipts Data
SEC Filings
SEC Filings

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/30/2025

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 11/14/2024

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 11/07/2024

Despegar.com, Corp. (DESP) - SC 13D/A

  • SEC Filings
  • 06/17/2024

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/26/2024

Despegar.com, Corp. (DESP) - SC 13D/A

  • SEC Filings
  • 04/03/2024

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/14/2024

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/12/2024

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 01/29/2024

Despegar.com, Corp. (DESP) - S-8

  • SEC Filings
  • 05/02/2023

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/27/2023

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/14/2023

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/14/2023

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/13/2023

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 09/22/2022

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 09/19/2022

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 09/01/2022

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 08/09/2022

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/29/2022

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/14/2022

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/14/2022

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 09/10/2021

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/30/2021

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 03/18/2021

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 03/17/2021

Despegar.com, Corp. (DESP) - 424B3

  • SEC Filings
  • 03/17/2021

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 03/15/2021

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 03/02/2021

Despegar.com, Corp. (DESP) - SC 13D

  • SEC Filings
  • 03/01/2021

Despegar.com, Corp. (DESP) - F-3

  • SEC Filings
  • 02/23/2021

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/16/2021

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/12/2021

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 09/23/2020

Despegar.com, Corp. (DESP) - SC 13D

  • SEC Filings
  • 09/23/2020

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 04/21/2020

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 04/20/2020

Despegar.com, Corp. (DESP) - POS AM

  • SEC Filings
  • 04/13/2020

Despegar.com, Corp. (DESP) - 20-F/A

  • SEC Filings
  • 04/13/2020

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/10/2020

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/14/2020

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/12/2020

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 01/30/2020

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 12/31/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 11/12/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 11/06/2019

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 10/25/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 10/11/2019

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 10/10/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 09/10/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 08/16/2019

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 08/13/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 07/25/2019

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 07/02/2019

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 06/26/2019

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/26/2019

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/15/2019

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/14/2019

Despegar.com, Corp. (DESP) - SC 13G/A

  • SEC Filings
  • 02/13/2019

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 12/20/2018

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 12/19/2018

Despegar.com, Corp. (DESP) - 424B5

  • SEC Filings
  • 12/19/2018

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 12/17/2018

Despegar.com, Corp. (DESP) - POS AM

  • SEC Filings
  • 12/17/2018

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 12/17/2018

Despegar.com, Corp. (DESP) - POS AM

  • SEC Filings
  • 11/20/2018

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 08/21/2018

Despegar.com, Corp. (DESP) - 424B3

  • SEC Filings
  • 08/21/2018

Despegar.com, Corp. (DESP) - F-1

  • SEC Filings
  • 08/16/2018

Despegar.com, Corp. (DESP) - 20-F

  • SEC Filings
  • 04/24/2018

Despegar.com, Corp. (DESP) - DRS

  • SEC Filings
  • 03/26/2018

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/14/2018

Despegar.com, Corp. (DESP) - SC 13G

  • SEC Filings
  • 02/13/2018

Despegar.com, Corp. (DESP) - EFFECT

  • SEC Filings
  • 09/20/2017

Despegar.com, Corp. (DESP) - S-8

  • SEC Filings
  • 09/20/2017

Despegar.com, Corp. (DESP) - CT ORDER

  • SEC Filings
  • 09/20/2017

Despegar.com, Corp. (DESP) - 424B4

  • SEC Filings
  • 09/20/2017

Despegar.com, Corp. (DESP) - F-1/A

  • SEC Filings
  • 09/19/2017

Despegar.com, Corp. (DESP) - CERTNYS

  • SEC Filings
  • 09/18/2017

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 09/15/2017

Despegar.com, Corp. (DESP) - 8-A12B

  • SEC Filings
  • 09/15/2017

Despegar.com, Corp. (DESP) - F-1/A

  • SEC Filings
  • 09/11/2017

Despegar.com, Corp. (DESP) - F-1/A

  • SEC Filings
  • 09/07/2017

Despegar.com, Corp. (DESP) - F-1/A

  • SEC Filings
  • 08/31/2017

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 08/31/2017

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 08/24/2017

Despegar.com, Corp. (DESP) - CORRESP

  • SEC Filings
  • 08/21/2017

Despegar.com, Corp. (DESP) - F-1

  • SEC Filings
  • 08/15/2017

Despegar.com, Corp. (DESP) - DRSLTR

  • SEC Filings
  • 08/14/2017

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 08/11/2017

Despegar.com, Corp. (DESP) - DRSLTR

  • SEC Filings
  • 07/31/2017

Despegar.com, Corp. (DESP) - DRS/A

  • SEC Filings
  • 07/31/2017

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 07/18/2017

Despegar.com, Corp. (DESP) - DRS/A

  • SEC Filings
  • 07/13/2017

Despegar.com, Corp. (DESP) - DRSLTR

  • SEC Filings
  • 06/30/2017

Despegar.com, Corp. (DESP) - DRS/A

  • SEC Filings
  • 06/30/2017

Despegar.com, Corp. (DESP) - UPLOAD

  • SEC Filings
  • 06/01/2017

Despegar.com, Corp. (DESP) - DRS

  • SEC Filings
  • 05/05/2017
Press Releases
StockPrice Release
More Headlines
News

Prosus to buy Latin American online travel agency Despegar.com for $1.7 bln

  • Dutch technology investor Prosus NV said on Monday it would buy Latin America-focussed online travel agency Despegar.com Corp for about $1.7 billion in cash.
  • 12/23/2024

Prosus to Acquire Latin America's Leading Online Travel Agency, Despegar, for US$1.7bn

  • AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar's 90-day VWAP (volume weighted average price). The proposed transaction was approved by Despegar's board of directors, who recommended that.
  • 12/23/2024

Prosus to Acquire Latin America's Leading Online Travel Agency, Despegar, for US$1.7bn

  • AMSTERDAM & JOHANNESBURG, South Africa--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar's 90-day VWAP (volume weighted average price). The proposed transaction was approved by Despegar's board of directors, who rec.
  • 12/23/2024

Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it has entered into a definitive merger agreement (“the Agreement”) to be acquired by Prosus (Euronext: PRX), a leading global technology company for $19.50 per share in an all cash transaction (the “Transaction”), representing an enterprise value of approximately $1.7 billion for Despegar. The transaction price represen.
  • 12/23/2024

What Makes Despegar.com (DESP) a Strong Momentum Stock: Buy Now?

  • Does Despegar.com (DESP) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 11/29/2024

Despegar.com's Growth Outlook Is Fairly Valued

  • Despegar.com, Corp. has shown strong growth with good tourism growth in Latin America, boosted further by market share gains, acquisitions, and B2B revenue growth. The Q3 results represented good financial momentum with greatly improving margins. The earnings growth tailwinds are in part moderated by a weaker mid- to long-term take rate outlook, as well as elevated currency risks.
  • 11/27/2024

Is Despegar.com (DESP) Stock Outpacing Its Transportation Peers This Year?

  • Here is how Despegar.com (DESP) and International Consolidated Airlines Group SA (ICAGY) have performed compared to their sector so far this year.
  • 11/22/2024

L Catterton Latin America Makes Strategic Investment in WeVets

  • Company to Leverage L Catterton's Global Pet Industry Experience to Accelerate Veterinary Platform Expansion in Brazil GREENWICH, Conn. , Nov. 18, 2024  /PRNewswire/ -- L Catterton, a leading global consumer-focused investment firm, today announced that it has made a strategic investment in WeVets (the "Company"), a leading independent veterinary hospital group in Brazil operating 24-hour centers and diagnostic labs, making high-quality veterinary care more accessible throughout Brazil.
  • 11/18/2024

Despegar.com Announces 3Q24 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended September 30, 2024 (“third quarter 2024” or “3Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjus.
  • 11/14/2024

Despegar.com to Announce Third Quarter 2024 Financial Results on November 14, 2024

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it will report its Third Quarter 2024 results on Thursday, November 14, after the market close. Earnings Release Thursday, November 14, 2024 Time: After Market Close Conference Call Thursday, November 14, 2024 Time: 4:30 p.m. Eastern Time To participate, please dial +1 (888) 330-2413 (U.S. domestic) +1 (240) 789-2721 (In.
  • 11/07/2024

Despegar Licenses its AI Technology to Karisma Hotels & Resorts

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, announces its first Software as a Service (SaaS) partnership with Karisma Hotels & Resorts. Through this innovative collaboration, Despegar will license its cutting-edge AI Travel Assistant, Sofia, to enhance the existing chatbot functionalities of Karisma Group, setting a new standard for digital engagement in the hospitality industry.
  • 10/25/2024

Strength Seen in Despegar.com (DESP): Can Its 7.4% Jump Turn into More Strength?

  • Despegar.com (DESP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
  • 10/18/2024

Despegar.com (DESP) Recently Broke Out Above the 20-Day Moving Average

  • Despegar.com (DESP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DESP crossed above the 20-day moving average, suggesting a short-term bullish trend.
  • 10/03/2024

Despegar.com: Excellent Value In An Expensive Market

  • Despegar.com is a strong buy due to its robust constant-currency bookings growth and market-leading position in Latin America, despite FX headwinds. The company benefits from exposure to fast-growing emerging economies, increasing middle-class travel in Latin America, and lucrative vacation package deals, boosting its take rates. U.S. interest rate cuts could ease FX headwinds, enhancing Despegar's appeal as a value stock with a low 5.2x EV/FY24 adjusted EBITDA multiple.
  • 09/19/2024

Despegar.com, Corp. (DESP) Q2 2024 Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP ) Q2 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Sebastian Mackinnon - Chief Partner and Corporate Affairs Manager Gonzalo Estebarena - Chief Technology Officer Amit Singh - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Jacob Seed - TD Cowen Brett Knoblauch - Cantor Fitzgerald Operator Good morning and welcome to Despegar's First Quarter 2024 Earnings Conference Call.
  • 08/15/2024

Despegar.com Announces 2Q24 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended June 30, 2024 (“second quarter 2024” or “2Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustmen.
  • 08/15/2024

Best Growth Stocks to Buy for July 30th

  • EAT, VRT, and DESP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 30, 2024.
  • 07/30/2024

Are Transportation Stocks Lagging Despegar.com (DESP) This Year?

  • Here is how Despegar.com (DESP) and SkyWest (SKYW) have performed compared to their sector so far this year.
  • 07/25/2024

Best Growth Stocks to Buy for July 25th

  • SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024.
  • 07/25/2024

Best Growth Stocks to Buy for July 23rd

  • SIMO, DESP and KBH made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 23, 2024.
  • 07/23/2024

Are Investors Undervaluing Despegar.com (DESP) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/19/2024

Best Growth Stocks to Buy for July 18th

  • AFYA, DAKT and DESP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 18, 2024.
  • 07/18/2024

Is Despegar.com (DESP) Stock Outpacing Its Transportation Peers This Year?

  • Here is how Despegar.com (DESP) and SkyWest (SKYW) have performed compared to their sector so far this year.
  • 07/08/2024

Despegar: Cheap And Worth A Buy, But Be Mindful Of FX Risks

  • Despegar has achieved tremendous bookings growth this year, capitalizing on strong travel demand. It estimates the travel TAM in its local Latin America market to be $150 billion, indicating that it is less than 1% penetrated into this market. The company trades at a cheap
  • 07/08/2024

Best Growth Stocks to Buy for July 5th

  • SIMO, ODP and DESP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 5, 2024.
  • 07/05/2024

5 Stocks to Pop on Fourth of July Celebrations

  • The upcoming Fourth of July celebrations are instilling optimism among investors and strength in the stock market. Industries like transportation, lodging, hotels, restaurants, food and retail get a boost.
  • 07/03/2024

Best Growth Stocks to Buy for July 2nd

  • ODP, KNBWY and DESP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 2, 2024.
  • 07/02/2024

4 Best GARP Picks for Your Portfolio Based on Discounted PEG

  • Here are four stocks that perfectly fit our screening criteria based on discounted PEG. They are AFYA, DESP, KELYA and NHYDY.
  • 07/01/2024

Despegar Publishes 2023 ESG Report

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) report. This comprehensive report applies a double materiality approach, incorporating GRI 2021 Standards, which prioritize an impact perspective, and SASB Standards, which account for financial materiality. The 2023 ESG report details the significant str.
  • 06/20/2024

What Makes Despegar.com (DESP) a New Strong Buy Stock

  • Despegar.com (DESP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
  • 06/19/2024

Millionaire's Choice: 3 Stocks to Buy Now for Explosive Growth

  • Finding a high-return investment edge is essential for accumulating money and reaching financial objectives in today's fast-paced stock market. Here, the focus is on choosing high-growth stocks to buy right now, a crucial tactic for those looking to optimize their returns.
  • 06/17/2024

The Top 7 Stocks to Buy for 2024's Second Half

  • The optimization of investing strategies is contingent upon the identification of top stocks to buy at a time characterized by economic instability and swift technical improvements. Knowing which stocks to buy is crucial as we enter the second half 2024.
  • 06/14/2024

The 3 Best Travel Stocks to Buy in June 2024

  • With the world increasingly embracing travel in the post-pandemic era, the industry is set for continued growth throughout the remainder of 2024. June is already upon us.
  • 06/14/2024

Despegar and Shakira, the World's Iconic Artist, Team up to Inspire Latin Americans to Live Traveling

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced an exciting partnership with Shakira as part of its new campaign: Dream, Choose, Travel. A collaboration that marks a milestone in the world of travel and entertainment, merging two powerhouses with a common goal: to inspire and connect people through memorable experiences. “Travel and music have the power to connect people,.
  • 06/04/2024

3 Transport-Service Stocks to Buy Despite Industry Woes

  • The Zacks Industry Rank for the Transportation-Services industry paints a dull picture mainly owing to lackluster freight demand. We believe stocks like EXPD, MATX and DESP represent investment opportunities despite the crisis.
  • 05/30/2024

Overlooked Stocks Ready for the Limelight: 3 Names Poised to Steal the Show

  • In today's market, anyone can look smart saying that stocks like NVIDIA (NASDAQ: NVDA ) or Meta (NASDAQ: META ) are good investments. However, the best investments are often found by investors identifying overlooked stocks that the rest of the market has yet to catch up on.
  • 05/29/2024

Here's Why Despegar.com (DESP) is a Great Momentum Stock to Buy

  • Does Despegar.com (DESP) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 05/27/2024

Despegar.com: Brazil Continues To Lead Growth

  • Q1 2024 financials show impressive growth in gross bookings and revenue, particularly in the Brazilian market. Despegar.com has continued to reduce its long-term debt. I continue to take a bullish view on Despegar.com.
  • 05/27/2024

5 Stocks to Make the Most of the Busiest Memorial Day Weekend

  • Stocks like AAL, DESP, CCL, BKNG and DIS are likely to benefit from the increase in travel and tourism this Memorial Day weekend.
  • 05/24/2024

Q2 2024 Earnings Forecast for Despegar.com, Corp. Issued By B. Riley (NYSE:DESP)

  • Despegar.com, Corp. (NYSE:DESP – Free Report) – Equities researchers at B. Riley reduced their Q2 2024 earnings per share estimates for shares of Despegar.com in a note issued to investors on Friday, May 17th. B. Riley analyst N. Khan now expects that the company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.15. B. Riley has a “Buy” rating and a $19.00 price target on the stock. The consensus estimate for Despegar.com’s current full-year earnings is $0.76 per share. B. Riley also issued estimates for Despegar.com’s Q3 2024 earnings at $0.20 EPS, Q4 2024 earnings at $0.43 EPS, FY2024 earnings at $0.96 EPS and FY2025 earnings at $1.49 EPS. A number of other brokerages have also recently commented on DESP. Cantor Fitzgerald lifted their price target on Despegar.com from $14.00 to $17.00 and gave the stock an “overweight” rating in a research report on Friday. Citigroup reaffirmed a “neutral” rating and set a $14.50 price target (up previously from $11.50) on shares of Despegar.com in a research report on Monday, April 29th. Check Out Our Latest Report on DESP Despegar.com Stock Up 19.1 % Shares of DESP opened at $14.94 on Monday. The stock has a 50-day moving average of $12.00 and a two-hundred day moving average of $9.86. Despegar.com has a one year low of $5.55 and a one year high of $15.54. Hedge Funds Weigh In On Despegar.com Institutional investors and hedge funds have recently modified their holdings of the stock. Activest Wealth Management acquired a new position in shares of Despegar.com in the 1st quarter valued at about $39,000. Tucker Asset Management LLC acquired a new position in Despegar.com in the 4th quarter worth about $40,000. Tower Research Capital LLC TRC raised its holdings in Despegar.com by 83.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,617 shares of the company’s stock worth $44,000 after purchasing an additional 2,104 shares during the period. Quantbot Technologies LP acquired a new position in Despegar.com in the 3rd quarter worth about $74,000. Finally, Counterpoint Mutual Funds LLC acquired a new position in Despegar.com in the 4th quarter worth about $99,000. Institutional investors and hedge funds own 67.93% of the company’s stock. About Despegar.com (Get Free Report) Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.
  • 05/20/2024

Despegar.com, Corp. (DESP) Q1 2024 Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP ) Q1 2024 Earnings Call Transcript May 16, 2024 4:30 PM ET Company Participants Luca Pfeifer - IR Damian Scokin - CEO Gonzalo Estebarena - CTO Amit Singh - CFO Conference Call Participants Andrew Ruben - Morgan Stanley Naved Khan - B. Riley Securities Joao Soares - Citi Thomas Shinske - Cantor Fitzgerald Tom Champion - Piper Sandler Jed Kelly - Oppenheimer Operator Good morning, and welcome to Despegar's First Quarter 2024 Earnings Conference Call.
  • 05/16/2024

Despegar.com Announces 1Q24 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended March 31, 2024 (“first quarter 2024” or “1Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustmen.
  • 05/16/2024

3 Stocks That Can Turn $1,000 into $10,000 Faster Than You Think

  • Three exceptional stocks have surfaced as possible avenues for considerable wealth development in the rush of the market. These companies range from cloud computing to tourism and technology.
  • 05/15/2024

Despegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it will report its First Quarter 2024 results on Thursday, May 16, after the market close. Earnings Release Thursday, May 16, 2024 Time: After Market Close Conference Call Thursday, May 16, 2024 Time: 4:30 p.m. Eastern Time To participate, please dial +1 800 715 9871 (U.S. domestic) +1 646 307 1963 (International) Please.
  • 05/07/2024

3 Stocks That Could Turn $5K Into a Fortune

  • In today's investment landscape, discerning potential in stocks from various industries requires a nuanced understanding of sector-specific innovations and market demands. The first stock operating in electronics manufacturing benefits from a surge in global demand for advanced consumer electronics and integrated supply chain solutions.
  • 05/01/2024

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 26, 2024 and is available on Despegar's website at www.despegar.com and on the SEC's website at www.sec.gov. Investors can receive a printed copy of this report, incl.
  • 04/26/2024

Despegar.com (DESP) Is Up 3.38% in One Week: What You Should Know

  • Does Despegar.com (DESP) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 04/15/2024

3 Sleeper Stocks Poised to Outperform the Market by 2026

  • Let's three stocks that could surpass the market returns by 2026. These businesses are involved in different industries, leading in consumer staples, industrials and consumer discretionary.
  • 04/12/2024

Has Despegar.com (DESP) Outpaced Other Transportation Stocks This Year?

  • Here is how Despegar.com (DESP) and Greenbrier Companies (GBX) have performed compared to their sector so far this year.
  • 04/12/2024

3 Under-the-Radar Stocks With Explosive Growth Prospects

  • Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential.
  • 04/09/2024

Despegar Celebrates 25 Years Transforming Latin America's Travel Industry Through Innovation

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the celebration of its 25th anniversary with the ringing of the New York Stock Exchange's closing bell on April 3, 2024. Since its founding, Despegar has been revolutionizing Latin America's travel industry through technology. Throughout the Company's history, it has been the undisputed leader of online travel in the region.
  • 04/04/2024

Future Titans: Invest in These 3 Tech Stocks Before It's too Late

  • Finding profitable investing possibilities in the fast-paced world of tech stocks is like negotiating a busy market where every step may make or break fortunes. Three digital giants have surfaced as bright spots in this environment, each showing a different route to success and expansion.
  • 03/28/2024

Despegar: The Booking Holdings Of Latin America With More Catalysts And Growth

  • Despegar is a rapidly growing online travel company that trades at multiples way below peers. The company is now profitable with accelerating revenues and cash flow. It is rapidly gaining market share in a growing market that is underpenetrated.
  • 03/25/2024

3 Low-Risk Stocks Set to Outperform the S&P 500

  • In the turbulent stock market, dangers and uncertainties are high. Investors always look for that hard-to-find mix of growth and stability.
  • 03/23/2024

The Clock is Ticking: 3 Stocks Set to Explode in the Next Quarter

  • Finding the next great investment is alluring, almost like a siren's song. For this, one must possess a crystal ball to identify the stocks about to soar, elevating portfolios to unprecedented heights.
  • 03/16/2024

Despegar.com Corporation (DESP) Q4 2023 Earnings Call Transcript

  • Despegar.com Corporation (DESP) Q4 2023 Earnings Call Transcript
  • 03/14/2024

Despegar.com Announces 4Q23 and FY23 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2023 (“fourth quarter 2023” or “4Q23”) and full year 2023. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-.
  • 03/14/2024

Despegar.com (DESP) Moves 9.1% Higher: Will This Strength Last?

  • Despegar.com (DESP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
  • 03/08/2024

Turn $500 into a Fortune: 3 Top Stock Picks for March's Million-Dollar Rally

  • As March begins, the stock market promises a high playground to turn modest investments into massive wealth. Amidst this enthusiasm, three top stock picks for rally stand out as pillars of opportunity.
  • 03/07/2024

Despegar.com to Announce Fourth Quarter 2023 Financial Results on March 14, 2024

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading travel technology company in Latin America, today announced that it will report its Fourth Quarter 2023 results on Thursday, March 14, after the market close. Earnings Release Thursday, March 14, 2024 Time: After Market Close Conference Call Thursday, March 14, 2024 Time: 4:30 p.m. Eastern Time Quiet Period Thursday, February 29, through Thursday, March 14, 2024 To participate, please dial +1 800 715 9871 (U.
  • 03/05/2024

Despegar revolutionizes the tourism industry introducing the region's first Generative AI Travel Assistant

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the launch of SOFIA , the region's first Generative AI Travel Assistant, marking a significant enhancement to the Company's customer value proposition. This pioneering innovation allows users to enjoy rapid, as well as more personalized and convenient travel planning through state-of-the-art technology. Powered by generative.
  • 03/04/2024

3 Transportation-Services Stocks to Watch Amid Industry Challenges

  • The Zacks Industry Rank for the Transportation-Services industry paints a dull picture, mainly due to the slowdown in freight demand. We believe stocks like EXPD, MATX and DESP are better positioned to escape industry challenges.
  • 02/29/2024

The 10X Blueprint: 3 Hidden Gems Destined for Explosive Returns

  • In the stock market, an edge of intrigue exists where hidden gems (stocks) await identification by those with a solid, discerning eye. These jewels, obscured from the mainstream hype, hold the fundamental strength of high returns for savvy investors.
  • 02/27/2024

3 Game-Changing Stocks to Double Your Money by 2026

  • Identifying potential game-changing stocks is a formula for maximizing returns. Below are three stocks that hold the potential to transform and attain exponential growth.
  • 02/26/2024

7 Cheap Stocks Under $10 That Could Soar 1,000%

  • This bull market has been quite selective, with a bifurcation building in the market. Mega-cap technology stocks have outperformed, with many cheap stocks still seeing relative underperformance in terms of the proportionate share of market gains seen in recent months.
  • 01/28/2024

Portfolio Powerhouses: 3 Stocks That Could Make You a Millionaire by 2026

  • Certain stocks stand poised as potential catalysts for generating colossal wealth in the bustling investment arena. Imagine a journey into the pulsating realms of three distinct industries—advertising technology, surgical innovation, and the Latin American travel market—where three companies emerge as titans.
  • 12/28/2023

Despegar.com: A Profitable Rapid Growth Tech Trading At Only 1X Revenues

  • Despegar is a rapidly growing online travel company that trades at a multiple way below peers such as Expedia, Booking.com, Make My Trip and Trip.com. Despegar has an unusually large number of catalysts that should lead to significantly higher revenues and earnings. The disconnect appears to be caused by past losses and a confusing income statement and balance sheet, which will be fully explained.
  • 11/24/2023

Despegar.com, Corp. (DESP) Q3 2023 Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Luca Pfeifer - IR Damián Scokin - CEO Amit Singh - CFO Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Jacob Seed - Cowen Joao Soares - Citi Operator Good afternoon, and welcome to Despegar's Third Quarter 2023 Earnings Call.
  • 11/10/2023

Despegar.com: Strong Earnings Recovery And Brazilian Growth Encouraging

  • Despegar.com has seen a strong recovery in earnings and vibrant growth in the Brazilian market. Earnings per share have rebounded into positive territory, driven by growth in the Packages, Hotels, and Other Travel Products segment. The company has kept long-term debt levels low, which is encouraging.
  • 08/26/2023

Despegar.com, Corp. (DESP) Q2 2023 Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP ) Q2 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Operator Good morning, and welcome to Despegar's Second Quarter 2023 Earnings Call.
  • 08/20/2023

Despegar.com (DESP) Q2 Earnings and Revenues Surpass Estimates

  • Despegar.com (DESP) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.23 per share a year ago.
  • 08/17/2023

3 Stocks to Avoid This Week

  • There are near-term concerns for Mattel, Despegar.com, and Tupperware this week. Mattel may not be positioned to truly cash in on the success of last month's "Barbie" movie.
  • 08/14/2023

7 Cheap Tech Stocks That Smart Investors Will Snap Up Now

  • The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners.
  • 08/02/2023

Despegar.com Announces Second Quarter 2023 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2023 results on Thursday, August 17, before the market open. Earnings Release Thursday, August 17, 2023 Time: Before Market Open Conference Call Thursday, August 17, 2023 Time: 10:00 a.m. Eastern Time Quiet Period Monday, July 31, through Thursday, August 17, 2023 Executives Mr. Damián Scokin, Chief Executive Office.
  • 07/31/2023

7 Tech Stocks to Buy With Explosive Upside Potential

  • Growth is king once again. After a dismal 2022, high potential tech stocks are back in fashion.
  • 06/20/2023

Why Despegar Could Lift Off Once Again

  • Latin American online travel agent Despegar is on the threshold of returning to profitability. The company is reporting tremendous year-over-year growth. I believe shares could enjoy a major rerating over the next 12 months as the company completes its post-pandemic turnaround.
  • 06/08/2023

Why Despegar Was a High-Flying Stock This Week

  • The online travel agency saw 40%-plus increases in both total bookings and revenue in its first quarter. It also proffered encouraging guidance.
  • 05/19/2023

Despegar.com (DESP) Reports Q1 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.45 per share a year ago.
  • 05/18/2023

3 Stocks to Avoid This Week

  • There are near-term concerns for Carvana, Despegar.com, and Foot Locker this week. Carvana is up 51% this month -- more than doubling in 2023 -- on its recovery efforts.
  • 05/15/2023

Despegar.com Announces First Quarter 2023 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2023 results on Thursday, May 18, before the market open. Earnings Release Thursday, May 18, 2023 Time: Before Market Open Conference Call Thursday, May 18, 2023 Time: 10:00 a.m. Eastern Time Quiet Period Thursday, April 27, through Thursday, May 18, 2023 Executives Mr. Damián Scokin, Chief Executive Officer Mr. Luca.
  • 04/27/2023

Will Despegar.com (DESP) Gain on Rising Earnings Estimates?

  • Despegar.com (DESP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
  • 04/17/2023

Bears are Losing Control Over Despegar.com (DESP), Here's Why It's a 'Buy' Now

  • Despegar.com (DESP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
  • 03/28/2023

Despegar.com (DESP) Moves to Buy: Rationale Behind the Upgrade

  • Despegar.com (DESP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
  • 03/22/2023

Despegar.com (DESP) Reports Q4 Loss, Lags Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of -900% and 0.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 03/16/2023

Despegar.com Announces Fourth Quarter 2022 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2022 results on Thursday, March 16, before the market opens. Earnings Release Thursday, March 16, 2023 Time: Before Market Open Conference Call Thursday, March 16, 2023 Time: 10:00 a.m. Eastern Time Quiet Period Monday, February 27, through Thursday, March 16, 2023 Executives Mr.
  • 02/27/2023

Despegar.com (DESP) Shows Fast-paced Momentum But Is Still a Bargain Stock

  • If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Despegar.com (DESP) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
  • 02/09/2023

Here Is Why Bargain Hunters Would Love Fast-paced Mover Despegar.com (DESP)

  • Despegar.com (DESP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
  • 01/24/2023

Despegar.com: Watch Out For A Possible Rebound Soon

  • Despegar.com could present an opportunity in the travel services industry. The Argentinian online travel and holiday services company is benefiting from robust demand in South America for domestic and international leisure activities.
  • 01/14/2023

Here's Why Despegar.com (DESP) is Poised for a Turnaround After Losing 18.4% in 4 Weeks

  • Despegar.com (DESP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
  • 12/08/2022

Despegar.com, Corp (DESP) Q3 2022 Earnings Call Transcript

  • Despegar.com, Corp (NYSE:DESP ) Q3 2022 Earnings Conference Call November 17, 2022 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damián Scokin - Chief Executive Officer Alberto López-Gaffney - Chief Financial Officer Conference Call Participants Kevin Kopelman - Cowen Operator Good morning, and welcome to the Despegar's Third Quarter 2022 Earnings Call. A slide presentation is accompanying today's webcast, and is available in the Investors section of the company's Web site, www.investor.despegar.com.
  • 11/17/2022

Despegar.com (DESP) Reports Q3 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of -31.25% and 6.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 11/17/2022

3 Stocks to Avoid This Week

  • These investments seem pretty vulnerable right now.
  • 11/14/2022

Despegar.com Announces Third Quarter 2022 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Third Quarter 2022 results on Thursday, November 17, before the market opens.
  • 11/07/2022

Despegar.com, Corp (DESP) CEO Damián Scokin on Q2 2022 Results - Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP ) Q2 2022 Earnings Conference Call August 18, 2022 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damián Scokin - Chief Executive Officer Alberto Lopez-Gaffney - Chief Financial Officer Conference Call Participants Kieran Kenny - Morgan Stanley Kevin Kopelman - Cowen Alejandra Aranda - Itau Operator Good morning, and welcome to the Despegar's Second Quarter 2022 Earnings Call. A slide presentation is accompanying today's webcast and is available in the Investors section of the company's website, www.investor.despegar.com.
  • 08/18/2022

Despegar.com (DESP) Reports Q2 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of -53.33% and 4.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 08/18/2022

Despegar.com Announces Second Quarter 2022 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2022 results on Thursday, August 18, before the market opens. Earnings Release Thursday, August 18, 2022 Time: Before Market Open Conference Call Thursday, August 18, 2022 Time: 10:00 a.m. Eastern Time Quiet Period Thursday, July 28 through Thursday, August 18, 2022 Executives Mr. Damián Scokin, Chief Executive Offi
  • 08/09/2022

Despegar.com: Showing Revenue Growth, But Still Too Much Risk

  • Despegar.com has been seeing revenue growth rebound to pre-pandemic levels. However, low growth in cash and earnings levels remain a concern.
  • 07/26/2022

Despegar.com, Corp (DESP) CEO Damian Scokin on Q1 2022 Results - Earnings Call Transcript

  • Call End: Despegar.com, Corp (NYSE:DESP ) Q1 2022 Earnings Conference Call May 19, 2022 10:00 AM ET Company Participants Natalia Nirenberg - Investor Relations Damian Scokin - Chief Executive Officer Alberto Lopez-Gaffney - Chief Financial Officer Conference Call Participants Alejandra Aranda - ITAU Karen Kenny - Morgan Stanley Emily Lavin - Cowen and Co. Operator Good morning, and welcome to Despegar's First Quarter 2022 Earnings Call. A slide presentation is accompanying today's webcast and is available in the Investors section of the company's website, www.investor.despegar.com.
  • 05/19/2022

Despegar.com (DESP) Reports Q1 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of -221.43% and 8.93%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 05/19/2022

Despegar.com Announces First Quarter 2022 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2022 results on Thursday, May 19, before the market opens. Earnings Release Thursday, May 19, 2022 Time: Before Market Open Conference Call Thursday, May 19, 2022 Time: 10:00 a.m. Eastern Time Quiet Period Monday, May 9 through Thursday, May 19, 2022 Executives Mr. Damián Scokin, Chief Executive Officer Mr. Alberto L
  • 05/09/2022

Despegar Signs $15M Deal for Viajanet in Travel Agency Expansion

  • Latin American digital travel agency giant Despegar.com signed a $15 million acquisition deal for the Brazilian travel agency TVLX Viagens e Turismo S.A (Viajanet) as part of its regional consolidation strategy. Under the terms of the deal, which is subject to regular closing rules and expected to take place in the second quarter of this […]
  • 05/06/2022

Despegar.com: Rebound In Brazilian Growth Could Mean Upside

  • Despegar.com saw a significant rebound in growth last year across its main markets.
  • 03/30/2022

Despegar.com, Corp (DESP) CEO Damián Scokin on Q4 2021 Results - Earnings Call Transcript

  • Despegar.com, Corp (DESP) CEO Damián Scokin on Q4 2021 Results - Earnings Call Transcript
  • 03/10/2022

Despegar.com (DESP) Reports Q4 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of -54.55% and 14.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 03/10/2022

Despegar.com Announces Fourth Quarter 2021 Financial Results Call and Webcast

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2021 results on Thursday, March 10, before the market opens. Earnings Release Thursday, March 10, 2022 Time: Before Market Open Conference Call Thursday, March 10, 2022 Time: 8:00 a.m. Eastern Time Quiet Period Wednesday, March 2 through Thursday, March 10, 2022 Executives Mr. Damián Scokin, Chief Executive Officer
  • 03/02/2022

Why Despegar Stock Flew 21% Higher in January

  • The Latin American travel website is expected to book big gains in 2022.
  • 02/07/2022

Got $3,000? Here Are 2 Stocks to Buy and Hold for the Long Term

  • These promising companies are poised for strong performance over the next decade and beyond.
  • 01/20/2022

3 Growth Stocks That Are Screaming Buys Right Now

  • Some incredibly promising companies are trading at huge discounts.
  • 01/16/2022

Despegar.com Stock: Bullish On LATAM's Largest Travel Company

  • Despegar.com, as the largest online travel agency in Latin America, is in the early stages of a post-pandemic recovery. Better-than-expected operating trends during the last quarter set up a positive outlook for 2022.
  • 01/04/2022

Despegar.com (DESP): Strong Industry, Solid Earnings Estimate Revisions

  • Despegar.com (DESP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
  • 12/17/2021

Despegar.com, Corp. (DESP) CEO Damián Scokin on Q3 2021 Results - Earnings Call Transcript

  • Despegar.com, Corp. (DESP) CEO Damián Scokin on Q3 2021 Results - Earnings Call Transcript
  • 11/17/2021

Despegar.com Shares Pop On Q3 Earnings Beat

  • Despegar.com Corp (NYSE: DESP) reported third-quarter FY21 sales growth of 610.4% year-on-year, to $83.4 million, beating the analyst consensus of $74.90 million. Revenues declined 37% versus 3Q19.
  • 11/17/2021

Despegar.com (DESP) Reports Q3 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 9.09% and 11.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 11/17/2021

Recap: Despegar.com Q3 Earnings

  • Despegar.com (NYSE:DESP) reported its Q3 earnings results on Wednesday, November 17, 2021 at 08:00 AM. Here's what investors need to know about the announcement.
  • 11/17/2021

Earnings Outlook For Despegar.com

  • Despegar.com (NYSE:DESP) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.
  • 11/16/2021

3 Stocks to Avoid This Week

  • These investments seem pretty vulnerable right now.
  • 11/15/2021

Will Despegar.com (DESP) Report Negative Q3 Earnings? What You Should Know

  • 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.
  • 11/04/2021

Despegar.com Stock Gains As Q2 Results Top Estimates

  • Despegar.com (NYSE: DESP) reported second-quarter FY21 as reported revenues of $63.10 million, beating the analyst consensus of $55.40 million. Revenues declined 45% from 2Q19 levels.
  • 08/19/2021

Despegar.com, Corp.'s (DESP) CEO Damián Scokin on Q2 2021 Results - Earnings Call Transcript

  • Despegar.com, Corp.'s (DESP) CEO Damián Scokin on Q2 2021 Results - Earnings Call Transcript
  • 08/19/2021

Despegar.com (DESP) Reports Q2 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 0.00% and 13.84%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 08/19/2021

Despegar.com reports narrower-than-expected loss, as gross bookings rise 10-fold

  • Despegar.com Corp. DESP, -5.11% reported a second-quarter loss that narrowed more than expected, and revenue that topped forecasts, as bookings increased roughly 10-fold as COVID-19 related travel restrictions were lifted. Shares of the provider of online travel services in Latin America were still inactive in premarket trading.
  • 08/19/2021

Despegar.com Announces 2Q21 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced unaudited results for the three-months ended June 30, 2021 (second quarter 2021 or 2Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Second Quarter 2021 Key Financial and Operating Highlights (For definitions, see page 12)
  • 08/19/2021

Online travel booker stocks fall amid growing concerns over surging COVID cases

  • Shares of online travel services companies were broadly lower Tuesday, with many hitting multi-month lows, as a continued surge in new COVID-19 cases fueled fears of potential travel restrictions. The ETFMG Travel Tech ETF AWAY, -3.52% dropped 3.5%, and has shed 7.5% amid a 4-day losing streak, putting it on track for the lowest close since Dec. 23, 2020, as 32 of 34 equity components lost ground.
  • 08/17/2021

Analysts Estimate Despegar.com (DESP) to Report a Decline in Earnings: What to Look Out for

  • 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.
  • 08/12/2021

Despegar.Com: Compound With This High-Quality Travel Leader In Latin America

  • The COVID-19 has hit DESP very hard but we saw resilience from the company operating results. DESP has a strong long-term prospect in Latin America.
  • 08/02/2021

Is Despegar.com (DESP) Stock a Solid Choice Right Now?

  • Despegar.com (DESP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
  • 06/24/2021

Despegar.com, Corp. (DESP) CEO Damián Scokin on Q1 2021 Results - Earnings Call Transcript

  • Despegar.com, Corp. (DESP) CEO Damián Scokin on Q1 2021 Results - Earnings Call Transcript
  • 05/19/2021

Recap: Despegar.com Q1 Earnings

  • Shares of Despegar.com (NYSE:DESP) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were down 4600.00% year over year to ($0.47), which missed the estimate of ($0.28).
  • 05/19/2021

Despegar.com Announces 1Q21 Financial Results

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced unaudited results for the three-months ended March 31, 2021 (1Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). First Quarter 2021 Key Financial and Operating Highlights (For definitions, see page 14) Impacted by the quarter
  • 05/19/2021

Preview: Despegar.com's Earnings

  • Despegar.com (NYSE:DESP) announces its next round of earnings this Wednesday, May 19. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.
  • 05/18/2021

Despegar Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2020

  • BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 30, 2021 and is available on Despegar's web site: https://investor.despegar.com/home/default.aspx or at http://www.sec.gov. Investors can receive a printed copy of this report, inclu
  • 04/30/2021

Mobi724 Issues an Update on Status of Commercial Production Under Existing Agreements with Despegar and Grupo Promerica

  • Montreal, Quebec--(Newsfile Corp. - April 26, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives issues an update (the "Update") on the status of both the Market Development Agreement (the "MDA") with Despegar (NYSE: DESP) ("Despegar") and the Regional Agreement with Promerica Financial Corporation ("Grupo Promerica") (the "Promerica Agreement"), a group that operates banks in 9 countries in Central and South America. ...
  • 04/26/2021

Despegar.com (DESP) Moves 15.3% Higher: Will This Strength Last?

  • Despegar.com (DESP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
  • 03/12/2021

Despegar.com, Corp. (DESP) CEO Damián Scokin on Q4 2020 Results - Earnings Call Transcript

  • Despegar.com, Corp. (DESP) CEO Damián Scokin on Q4 2020 Results - Earnings Call Transcript
  • 03/11/2021

Despegar.com: Q4 Earnings Insights

  • Shares of Despegar.com (NYSE:DESP) decreased 1.7% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 2500.00% year over year to ($0.24), which beat the estimate of ($0.38).
  • 03/11/2021

Why Despegar Soared 62% in November

  • The company's been in the eye of the storm, but things may be looking up.
  • 12/08/2020

Travel service stocks get a big boost from good news on potential COVID-19 vaccine

  • Shares of travel bookers are soaring Monday, as part of a big, broad celebratory rally in the stock market following 'important' news a potential COVID-19 vaccine.
  • 11/09/2020

3 Stocks to Avoid This Week

  • An international online travel portal, asset-selling internet connectivity provider, and iconic apparel retailer seem pretty vulnerable right now.
  • 11/09/2020

Despegar.com Will Survive The Travel Slump

  • Despegar.com fortified their balance sheet with $200 million of financing. Dilution to existing shareholders was 19%.
  • 08/25/2020

Despegar.com, Corp. (DESP) CEO Damian Scokin on Q2 2020 Results - Earnings Call Transcript

  • Despegar.com, Corp. (NYSE:DESP) Q2 2020 Results Earnings Conference Call August 21, 2020, 08:00 AM ET Company Participants Natalia Nirenberg - Head of Investor Relations Damian Scokin - Chief Executive Officer Alberto Lopez Gaffney - Chief Financial Officer Conference Call Participants Edward Yruma - KeyBanc Capital Markets Eric Sheridan - UBS Alex Wong - Morgan Stanley Emily Levin - Cowen & Company Presentation Operator Good morning and welcome to the Despegar’s Second Quarter 2020 Earnings Call.
  • 08/21/2020

Despegar.com, Corp. 2020 Q2 - Results - Earnings Call Presentation

  • The following slide deck was published by Despegar.com, Corp. in conjunction with their 2020 Q2 earnings call..
  • 08/21/2020

Earnings Preview: Despegar.com (DESP) Q2 Earnings Expected to Decline

  • 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.
  • 08/14/2020

Despegar.com Announces Second Quarter 2020 Financial Results Call and Webcast

  • Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2020 results on Friday, August 21, 2020 before the market opens.
  • 07/28/2020

Hedge Funds Warming Up To Despegar.com, Corp. (DESP)

  • In this article you are going to find out whether hedge funds think Despegar.com, Corp. (NYSE:DESP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
  • 06/28/2020

Despegar.com Obtains $40 Million Committed Credit Facility

  • Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, today announced that it has signed a $40 million committed revolving credit facility (the "Facility") with Citibank. The Facility has a 1-year term, renewable for an additional six months if certain financial covenants are met. This financing provides Despegar with additional financial flexibility with funds expected to be used for general corporate purposes.
  • 06/23/2020

Despegar Salvages Its Acquisition of Mexican Travel Agency Best Day

  • In an acquisition put through the upheaval of the pandemic, Despegar said Thursday it would now acquire the Mexican travel agency Best Day at a discounted price. In January, Despegar first proposed buying Best Day for $136 million. But later during the first signs of a travel downturn from the pandemic, the Argentine-based travel agency […]
  • 06/11/2020

Despegar Agrees to Revised Terms in Acquisition of Best Day Travel Group

  • Despegar.com, Corp. (NYSE:DESP), ("Despegar"), the leading online travel company in Latin America, today announced that it has amended its previously announced agreement to acquire Best Day Travel Group ("Best Day"). Best Day is expected to represent a key asset for Despegar, given its strong presence and brand awareness in Mexico.
  • 06/11/2020

Despegar May Drop Its Acquisition of Mexican Travel Agency Best Day as Crisis Takes Toll

  • Events can overtake optimism as shown by the sharp strategy shift since January or Despegar, the largest online travel agency in Latin America. Despegar's chief financial officer Alberto Lopez Gaffney said on March 5, "We are very positive, very positive on the year that we're looking ahead." At the time, the company was modeling only […]
  • 05/04/2020

Despegar.com, Corp. (DESP) Q1 2020 Earnings Call Transcript

  • Image source: The Motley Fool. Despegar.com, Corp. (NYSE: DESP)Q1 2020 Earnings CallMay 4, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Despegar First Quarter 2020 Earnings Call.
  • 05/04/2020

Despegar.com (DESP) Reports Q1 Loss, Lags Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 24.14% and -2.83%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 05/04/2020

Despegar.com: Q1 Earnings Insights

  • Shares of Despegar.com (NYSE:DESP) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 133.33% year over year to ($0.01), which beat the estimate of ($0.23).Revenue of $76,082,000 lower by 42.84% from the same period last year, which missed the estimate of $78,250,000.Looking Ahead Despegar.com hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 04, 2020View more earnings on DESPTime: 01:03 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer;=&eventid;=2157695&sessionid;=1&key;=9158A72C0934B4A1BE4D3933A4CD0C51®Tag;=&sourcepage;=registerTechnicals Company's 52-week high was at $15.44Company's 52-week low was at $4.44Price action over last quarter: down 38.55%Company Overview Despegar.com Corp is an online travel company in Latin America. Its product offering includes airline tickets, packages, hotels and other travel-related products, which enables consumers to find, compare, plan and purchase travel products easily through its marketplace. The company provides a technology platform for managing the distribution of products and access to users to the network of travel suppliers. It operates through two segments namely Air which consists of the sale of airline tickets; and Packages, Hotels, and Other Travel Products which consists of travel packages, as well as sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services.See more from Benzinga * Epizyme: Q1 Earnings Insights * Stocks That Hit 52-Week Lows On Friday * Price Over Earnings Overview: Michaels Companies(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 05/04/2020

Despegar.com Announces 1Q20 Financial Results

  • Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a leading online travel company in Latin America, today announced unaudited results for the three-months ended March 31, 2020. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
  • 05/04/2020

Earnings Preview: Despegar.com (DESP) Q1 Earnings Expected to Decline

  • 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.
  • 04/27/2020

Earnings Preview: Despegar.com (DESP) Q1 Earnings Expected to Decline

  • 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.
  • 04/27/2020

Despegar.com (DESP) Scheduled to Post Earnings on Monday

  • Despegar.com (NYSE:DESP) is set to post its quarterly earnings results before the market opens on Monday, May 4th. Analysts expect Despegar.com to post earnings of ($0.29) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link. Despegar.com (NYSE:DESP) last released its earnings […]
  • 04/27/2020

KeyCorp Equities Analysts Lower Earnings Estimates for Despegar.com Corp (NYSE:DESP)

  • Despegar.com Corp (NYSE:DESP) – Equities researchers at KeyCorp decreased their Q1 2020 earnings per share (EPS) estimates for shares of Despegar.com in a report released on Tuesday, April 14th. KeyCorp analyst E. Yruma now anticipates that the company will post earnings per share of ($0.30) for the quarter, down from their previous estimate of ($0.03). […]
  • 04/18/2020

Despegar.com Corp Forecasted to Post Q1 2021 Earnings of ($0.03) Per Share (NYSE:DESP)

  • Despegar.com Corp (NYSE:DESP) – KeyCorp issued their Q1 2021 earnings per share estimates for Despegar.com in a report issued on Tuesday, April 14th. KeyCorp analyst E. Yruma forecasts that the company will post earnings of ($0.03) per share for the quarter. KeyCorp also issued estimates for Despegar.com’s Q2 2021 earnings at ($0.18) EPS, Q3 2021 […]
  • 04/17/2020

Despegar.com Announces First Quarter 2020 Financial Results Call and Webcast

  • Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2020 results on Monday, May 4, 2020 before the market opens.
  • 04/16/2020

Despegar Is A Unicorn Hiding In Plain Sight

  • Despegar is an extremely high quality, fast growing e-commerce business trading at over a 75% discount to its all time highs. Covid-19 pandemic-related demand d
  • 04/15/2020

Despegar.com reports Q1 preliminary results

  • Due to adverse impact of COVID-19 pandemic, Despegar.com (NYSE:DESP) expects Q1 gross bookings of ~$790M (-32% Y/Y), revenue of ~$78M (-41% Y/Y) vs. $96.92M consenus and operating loss of $21M to $26
  • 04/13/2020

Despegar.com Announces Preliminary Select 2020 First Quarter Financial Results

  • Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company"), the leading online travel company in Latin America, announced today that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 20-F") on April 10, 2020. As a result of the unprecedented impact that the COVID-19 pandemic is having on the global economy and the travel industry, in advance of its next quarterly earnings release, which will take place on or about May 4, 2020, the Company is providing an update of its performance during the first quarter of 2020, including the following:
  • 04/13/2020

Despegar.com (NYSE:DESP) Stock Price Up 6.7%

  • Shares of Despegar.com Corp (NYSE:DESP) traded up 6.7% on Wednesday . The stock traded as high as $7.35 and last traded at $7.45, 5,027 shares changed hands during trading. A decline of 99% from the average session volume of 477,431 shares. The stock had previously closed at $6.98. A number of research analysts have issued […]
  • 04/10/2020

Despegar.com goes into cash-preserving mode

  • Despegar (NYSE:DESP) says it believes it has a solid financial position to ride out the next few quarters. The company notes that it is free of any long term debt and only has a minimal amount of sho
  • 04/01/2020

Despegar.com Provides Business Update

  • Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, today provided a further update on the operational and financial measures being taken in connection with the impact of COVID-19 which has affected travel and tourism worldwide.
  • 04/01/2020

Charles Schwab Investment Management Inc. Has $477,000 Stock Position in Despegar.com Corp (NYSE:DESP)

  • Charles Schwab Investment Management Inc. reduced its holdings in shares of Despegar.com Corp (NYSE:DESP) by 30.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,339 shares of the company’s stock after selling 15,216 shares during the quarter. Charles Schwab Investment Management […]
  • 03/23/2020

Despegar.com Withdraws 1Q20 Guidance Given Worsening Global Impact from COVID-19

  • Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, announced today that management is withdrawing first quarter 2020 guidance provided during its fourth quarter 2019 earnings call that took place on March 5, 2020 as the extent and duration of COVID-19 and the impact it will have on the travel industry, is difficult to predict at this time.
  • 03/20/2020

Pictet Asset Management Ltd. Makes New Investment in Despegar.com Corp (NYSE:DESP)

  • Pictet Asset Management Ltd. acquired a new position in shares of Despegar.com Corp (NYSE:DESP) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 23,811 shares of the company’s stock, valued at approximately $321,000. A number of other large investors have also recently bought and sold shares of the […]
  • 03/18/2020

Despegar.com Corp (NYSE:DESP) Shares Purchased by Artisan Partners Limited Partnership

  • Artisan Partners Limited Partnership boosted its stake in Despegar.com Corp (NYSE:DESP) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,860 shares of the company’s stock after purchasing an additional 3,264 shares during the period. Artisan Partners Limited […]
  • 03/09/2020

Despegar.com (NYSE:DESP) Raised to "Hold" at Zacks Investment Research

  • Zacks Investment Research upgraded shares of Despegar.com (NYSE:DESP) from a sell rating to a hold rating in a research report released on Friday, Zacks.com reports. According to Zacks, “Despegar.com, Corp. provides online travel booking services. The Company’s business segment consists of Air, as well as Packages, Hotels and Other Travel Products. It offers online hotels, […]
  • 03/09/2020

Despegar.com (NYSE:DESP) Research Coverage Started at Citigroup

  • Citigroup began coverage on shares of Despegar.com (NYSE:DESP) in a research report released on Friday morning, Benzinga reports. The firm issued a buy rating and a $15.00 target price on the stock. Several other brokerages have also commented on DESP. ValuEngine upgraded Despegar.com from a hold rating to a buy rating in a research report […]
  • 03/09/2020

Tracking Chase Coleman's Tiger Global Portfolio - Q4 2019 Update

  • Chase Coleman’s 13F portfolio value decreased from $18.88B to $18.12B this quarter. Tiger Global increased Uber Technologies & Elastic NV while decreasing Sales
  • 03/08/2020

Buy the Online Travel-Agency Stocks Despite the Virus, Analyst Says

  • Citigroup picked up coverage of the companies on Friday, even as the coronavirus continues to wreak havoc on airline, lodging, cruise, and rental-car stocks.
  • 03/06/2020

Despegar.com (DESP) CEO Damin Scokin on Q4 2019 Results - Earnings Call Transcript

  • Despegar.com (NYSE:DESP) Q4 2019 Earnings Conference Call March 5, 2020 08:00 ET Company Participants Natalia Nirenberg - Investor Relations Damián Scokin - Chi
  • 03/06/2020

Despegar.com, Corp. (DESP) Q4 2019 Earnings Call Transcript

  • DESP earnings call for the period ending December 31, 2019.
  • 03/05/2020

Latin America’s Despegar Will Have to Navigate Coronavirus Currency Impact

  • You might think an online travel agency group based in Buenos Aires would be stung by Latin America's ongoing economic woes. But you'd be only partly right. Despegar has navigated troubled times at home by diversifying its product mix and geographic markets and by driving more direct bookings. In late 2019, Latin America's airline gross […]
  • 03/05/2020

Despegar.com (DESP) Q4 Earnings and Revenues Surpass Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 114.29% and 11.68%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
  • 03/05/2020

Despegar.com (DESP) Q4 Earnings and Revenues Surpass Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 114.29% and 11.68%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
  • 03/05/2020

Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis

  • BRITISH VIRGIN ISLANDS, Latin America--(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-months and fiscal year ended December 31, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. Fourth Quarter 2019 Key Financial and Operating Highlights (For definitions, see page 12) ● Gross boo
  • 03/05/2020

Bank of Montreal Can Sells 203,800 Shares of Despegar.com Corp (NYSE:DESP)

  • Bank of Montreal Can lessened its stake in Despegar.com Corp (NYSE:DESP) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,073,385 shares of the company’s stock after selling 203,800 shares during the period. Bank of Montreal Can owned about 1.55% of […]
  • 03/02/2020

California Public Employees Retirement System Grows Position in Despegar.com Corp (NYSE:DESP)

  • California Public Employees Retirement System grew its stake in Despegar.com Corp (NYSE:DESP) by 271.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,200 shares of the company’s stock after purchasing an additional 37,400 shares during the period. California Public Employees […]
  • 02/29/2020

Analysts Estimate Despegar.com (DESP) to Report a Decline in Earnings: What to Look Out for

  • 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.
  • 02/27/2020

Analysts Estimate Despegar.com (DESP) to Report a Decline in Earnings: What to Look Out for

  • 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.
  • 02/27/2020

Despegar.com (DESP) Scheduled to Post Quarterly Earnings on Thursday

  • Despegar.com (NYSE:DESP) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link. NYSE DESP opened at $12.87 […]
  • 02/27/2020

FIL Ltd Buys 3,759 Shares of Despegar.com Corp (NYSE:DESP)

  • FIL Ltd raised its stake in Despegar.com Corp (NYSE:DESP) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 551,264 shares of the company’s stock after buying an additional 3,759 shares during the period. FIL Ltd owned about 0.80% of Despegar.com worth $7,431,000 as […]
  • 02/26/2020

Despegar.com Corp (NYSE:DESP) Shares Sold by Great Lakes Advisors LLC

  • Great Lakes Advisors LLC trimmed its holdings in Despegar.com Corp (NYSE:DESP) by 37.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 196,479 shares of the company’s stock after selling 116,332 shares during the period. Great Lakes Advisors LLC owned 0.28% of […]
  • 02/22/2020

Despegar.com Launches Co-branded Credit Card in Brazil in Partnership with Santander and Visa to Complement its Loyalty Program

  • 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 available for redemption for all travel related products and/or services at Despegar.
  • 02/14/2020

Despegar.com Announces Fourth Quarter 2019 Financial Results Call and Webcast

  • 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
  • 02/13/2020

Despegar Buys Mexican Travel Agency Best Day for $136 Million

  • Despegar said Monday it would acquire Best Day, one of the largest travel agencies in Mexico, for $136 million as it looks to grow mobile bookings. The purchase price was 17 times Best Day's earnings before interest, tax, depreciation, and amortization — a measure of profit — of $8 million last year. In 2019, Best […]
  • 01/27/2020

Despegar picks up large Mexican travel agency

  • Despegar.com (NYSE:DESP) strikes a deal to acquire Best Day Travel Group for $136M. The company says a portion of the purchase price is payable on a deferred basis and includes a variable component o
  • 01/27/2020

Despegar to Acquire 100% of Best Day, a Leading Travel Agency in Mexico

  • 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 +/
  • 01/27/2020

Despegar.com (NYSE:DESP) Lowered to Sell at Zacks Investment Research

  • Despegar.com (NYSE:DESP) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday, Zacks.com reports. According to Zacks, “Despegar.com, Corp. provides online travel booking services. The Company’s business segment consists of Air, as well as Packages, Hotels and Other Travel Products. It offers online hotels, car, […]
  • 01/25/2020

Despegar.com Announces 10-year Commercial Partnership Agreement With Naranja in Argentina

  • 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
  • 01/21/2020

Latin America’s Despegar Wants to Double Bookings by 2025: How Realistic Is That?

  • When you compete with larger players, you sometimes need to ignore the conventional wisdom if you want to avoid getting crushed. That’s the view of Despegar, an online travel agency in more than 20 Latin American countries. Since he became Despegar CEO in 2017, Damián Scokin has charted a distinctive course. Scokin has ignored the […]
  • 01/14/2020

Despegar.com (NYSE:DESP) Rating Increased to Buy at ValuEngine

  • ValuEngine upgraded shares of Despegar.com (NYSE:DESP) from a hold rating to a buy rating in a research note released on Wednesday, ValuEngine reports. Other equities research analysts have also recently issued reports about the company. Morgan Stanley cut their price target on Despegar.com from $15.00 to $14.00 and set an equal weight rating for the […]
  • 01/12/2020

XPO or DESP: Which Is the Better Value Stock Right Now?

  • XPO vs. DESP: Which Stock Is the Better Value Option?
  • 01/03/2020

Here is What Hedge Funds Think About Despegar.com, Corp. (DESP)

  • While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
  • 12/15/2019

Despegar.com (DESP) Reports Q3 Loss, Tops Revenue Estimates

  • Despegar.com (DESP) delivered earnings and revenue surprises of 28.57% and 7.10%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
  • 11/07/2019

Despegar.com Reschedules Investor Day to December 10, 2019

  • 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
  • 10/31/2019

Analysts Estimate Despegar.com (DESP) to Report a Decline in Earnings: What to Look Out for

  • 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.
  • 10/31/2019

Despegar.com Enters 10-Year Exclusive Co-brand Agreement with ICBC for Argentina

  • 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
  • 10/29/2019

Is Despegar.com, Corp. (DESP) Going To Burn These Hedge Funds ?

  • Is Despegar.com, Corp. (NYSE:DESP) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]
  • 10/28/2019

Despegar, Latin America's top online travel agency, signs multi-year agreement extension with Sabre

  • SOUTHLAKE, Texas, Aug. 14, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, today announced its renewed agreement with Despegar (DESP), the leading online travel agency (OTA) in Latin America. The multi-year contract extension ensures Despegar's continued access to Sabre's market-leading global distribution system (GDS), propelling the OTA's service to an estimated 140 million unique visitors.
  • 08/14/2019

Why Despegar.com and MercadoLibre Stock Fell Monday

  • Argentina's presidential election could spell trouble for the country's businesses.
  • 08/12/2019

Despegar.com, Corp. (DESP) Q2 2019 Earnings Call Transcript

  • DESP earnings call for the period ending June 30, 2019.
  • 08/08/2019
Unlock
DESP Ratings Summary
DESP Quant Ranking