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Looking back on consumer internet stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Expedia (NASDAQ:EXPE) and its peers.
The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible.
The 50 consumer internet stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 2% while next quarter’s revenue guidance was in line.
Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 29.6% since the latest earnings results.
Originally founded as a part of Microsoft, Expedia (NASDAQ:EXPE) is one of the world’s leading online travel agencies.
Expedia reported revenues of $3.18 billion, up 10.3% year on year. This print…
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