EXPE Stock Recent News
EXPE LATEST HEADLINES
Expedia stock broke out of a base and reached a record high after a robust earnings report. The post Expedia Stock Soars To New High As Gambling Play Pops Ahead Of Super Bowl appeared first on Investor's Business Daily.
Shares of Expedia (EXPE 18.54%) were soaring Friday after the online travel agency delivered a strong fourth-quarter earnings report Thursday afternoon, beating estimates on the top and bottom lines and saying it would reinstate its dividend.
For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.
Expedia Group's Q4 2024 results exceeded expectations, with revenue up 10.3% to $3.18 billion and net income rising from $132 million to $299 million. The company's shares surged 10.4% post-earnings, driven by strong growth in gross bookings and booked room nights, along with robust travel demand. Despite past underperformance, current valuation and growth prospects justify a 'buy' rating on EXPE stock, supported by management's focus on value creation, international expansion, and AI-driven initiatives.
Expedia posts fourth-quarter earnings and revenue that topped Wall Street's expectations.
Expedia shares rose as much as 9.7% in premarket trade on Friday after the online travel agency beat Wall Street estimates for fourth-quarter results, boosted by strong travel demand outside the United States.
Expedia Group, Inc. (NASDAQ:EXPE ) Q4 2024 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Harshit Vaish - SVP of Corporate Development, Strategy & Investor Relations Ariane Gorin - Chief Executive Officer Scott Schenkel - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore ISI Justin Post - Bank of America Deepak Mathivanan - Cantor Fitzgerald Naved Khan - B. Riley Securities Trevor Young - Barclays Conor Cunningham - Melius Research Jed Kelly - Oppenheimer Lee Horowitz - Deutsche Bank Kevin Kopelman - TD Securities Operator Good day, everyone, and welcome to the Expedia Group Q4 2024 Financial Results Teleconference.
Although the revenue and EPS for Expedia (EXPE) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
+170K jobs are expected to have been filled last month, below the December tally of +256K.
Expedia (EXPE) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.72 per share a year ago.