Airbnb shares rose 5% in extended trading on Thursday after the company announced third-quarter results that beat analysts' revenue estimates. Earnings per share came in at $2.21, compared to the $2.34 expected by analysts of the London Stock Exchange. The company reported revenue of $4.10 billion, while analysts had forecast $4.08 billion. Revenue is up 10% from the $3.73 billion the company generated in the same period last year. The company also announced a net income of $1.374 billion, or $2.21 per share, a slight increase from $1.368 billion, or $2.13 per share, a year earlier. Airbnb forecasts revenue growth in the coming quarters.
