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Airbnb warned that revenue for the last three months of the year could come in below analysts’ expectations, tarnishing record quarterly results and lowering its shares in after-hours trading.

The hosting company on Tuesday forecast revenue between $1.8 billion and $1.88 billion for its current quarter. While the bottom of that range would represent an increase from a year ago, it would be below analysts’ consensus estimate of $1.85 billion, according to a Refinitiv poll.

Although Airbnb said it saw “promising trends” in the first month of the fourth quarter, it warned that a strong US dollar would reduce rental income.

“[Average daily rates] will face some pressure from currency and business mix headwinds,” management said.

Shares of the company were down more than 7% in extended trading on Tuesday, despite reporting record profit and third-quarter revenue thrashing.

Airbnb posted record revenue of $2.9 billion, beating consensus estimates of $600 million. Its $1.2 billion net income — also a record — was nearly $200 million above analysts’ expectations and 46% higher than the same period a year earlier.

“Airbnb continues to drive growth and profitability at scale,” the company said in its earnings release. “Regardless of the continuing macroeconomic uncertainties, we believe we are well positioned for the road ahead,” he continued, citing the strength of customer demand and the number of new hosts on his platform.

The company acknowledged that a tough US economy could generate strong future results for the home-sharing company as owners seek to extract revenue in the face of rising consumer prices and a job market that begins to shrink. run out of steam.

“Just like during the Great Recession in 2008, when Airbnb started, people are especially interested in earning extra income through accommodations.”