Will Expedia (EXPE) Beat Estimates Again in Its Next Earnings Report?

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Expedia (EXPE), which belongs to the Zacks Internet – Commerce industry, could be a great candidate to consider.

This online travel company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.98%.

For the most recent quarter, Expedia was expected to post earnings of $2.07 per share, but it reported $2.39 per share instead, representing a surprise of 15.46%. For the previous quarter, the consensus estimate was $6.10 per share, while it actually produced $6.13 per share, a surprise of 0.49%.

Price and EPS…