Airbnb, Inc ( $Airbnb, Inc.(ABNB)$ ) started out with the goal of being “different” from mainstream hotels and lodges by offering experiences via what could be construed as “VERY short-term leases” with the lowest amount of hassle from end users. In a time of “revenge spending”, i.e. an incremental increase in consumer spending after an unprecedented adverse economic event, the company was supposed to do well. Despite this, the stock’s earnings per share (EPS) missed analysts’ consensus expectations of $0.70. The reasons why are an interplay of a number of ancillary factors paired with key line item trends. Trend Studies In absolute terms, the company’s line item trends are a decidedly mixed bag when comparing yearly trends (“1st-order”) vs trend