Expedia Beats on Both Top and Bottom Lines

Expedia (NAS: EXPE) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Expedia beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share dropped significantly.

Margins dropped across the board.

Revenue details
Expedia recorded revenue of $1.20 billion. The 20 analysts polled by S&P Capital IQ hoped for revenue of $1.17 billion on the same basis. GAAP reported sales were 5.1% higher than the prior-year quarter’s $1.14 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.32. The 23 earnings estimates compiled by S&P Capital IQ predicted $1.26 per share. GAAP EPS of $1.21 for Q3 were 19% lower than the prior-year quarter’s $1.50 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP…