PREVIEW: Airbnb up as Wall Street sees rev growth slowing
** Airbnb Inc's ABNB.O shares up 4.3% at $130.72 on Tues as short-term rental firm slated to report Q2 results after the bell, with growth prospects on investors' radars
** Stock snapping 3-session skid as equities rebound following a global rout .N
** Last qtr, ABNB's gloomy forecast stoked slowdown fears, overshadowing strong Q1 profit beat
** For Jun qtr, analysts on avg anticipate rev to increase ~10% yr/yr to $2.74 bln, which would mark the slowest growth since ABNB went public in 2020, per LSEG data
** In same qtr last year, ABNB registered 18.1% rev growth
** Wall Street calling for adj EPS of 92 cents, down from 98 cents in Q2 2023
** Regarding consumer sentiment, shares of Booking Holdings BKNG.O fell 9.2% on Fri, a day after online travel agency forecast lower room nights growth in current qtr
** 12 of 42 analysts covering ABNB rate stock "strong buy" or "buy", 24 rate "hold", while 6 recommend "sell" or "strong sell"; median PT is $151.82 - LSEG
** With move on the session, stock down 4% YTD vs Nasdaq's .IXIC ~10% gain and S&P 500's .SPX ~11% advance
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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