Revenue: US$4.06b (up 3.3% from 3Q 2023).
Net income: US$684.0m (up 61% from 3Q 2023).
Profit margin: 17% (up from 11% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
EPS: US$5.27 (up from US$2.99 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company’s shares are up 13% from a week ago.
It is worth noting though that we have found 2 warning signs for Expedia Group that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical…
