Expedia (EXPE) came out with quarterly earnings of $6.13 per share, beating the Zacks Consensus Estimate of $6.10 per share. This compares to earnings of $5.41 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 0.49%. A quarter ago, it was expected that this online travel company would post earnings of $3.17 per share when it actually produced earnings of $3.51, delivering a surprise of 10.73%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Expedia , which belongs to the Zacks Internet – Commerce industry, posted revenues of $4.06 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.17%. This compares to year-ago revenues of $3.93 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released…
