Core Insights - Expedia reported revenue of $2.89 billion for the quarter ended December 2023, reflecting a year-over-year increase of 10.3% [1] - The earnings per share (EPS) for the quarter was $1.72, up from $1.26 in the same quarter last year [1] - The reported revenue slightly exceeded the Zacks Consensus Estimate of $2.88 billion, resulting in a revenue surprise of +0.22% [1] - The EPS also surpassed the consensus estimate of $1.67, with a surprise of +2.99% [1] Financial Performance Metrics - Total gross bookings were reported at $21.67 billion, slightly below the estimated $21.89 billion [3] - Merchant gross bookings amounted to $12.23 billion, compared to the estimate of $12.27 billion [3] - Agency gross bookings were $9.44 billion, lower than the average estimate of $9.62 billion [3] - Non-U.S. (International) revenue reached $1.10 billion, exceeding the estimate of $1.05 billion, with a year-over-year change of +22.1% [3] - U.S. (Domestic) revenue was reported at $1.79 billion, slightly below the estimate of $1.84 billion, with a year-over-year change of +4.1% [3] - B2C revenue was $1.96 billion, compared to the estimate of $2.02 billion, reflecting a year-over-year change of +4.5% [3] - B2B revenue was $864 million, surpassing the estimate of $790.92 million, with a year-over-year change of +27.8% [3] - Revenue from Trivago was $65 million, below the estimate of $77.11 million, showing a year-over-year decline of -38.7% [3] - Revenue for Expedia Group (excluding Trivago) was $2.81 billion, with a year-over-year increase of +10.7% [3] - Revenue by service type for lodging was $2.30 billion, exceeding the estimate of $2.28 billion, with a year-over-year change of +14.4% [3] - Air revenue was reported at $86 million, below the estimate of $103.23 million, reflecting a year-over-year decline of -7.5% [3] - Advertising and media revenue was $205 million, slightly below the estimate of $213.17 million, with a year-over-year change of +16.5% [3] Stock Performance - Over the past month, Expedia shares have returned +1.7%, compared to the Zacks S&P 500 composite's +6.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Expedia Group, Inc. (NASDAQ:EXPE) Q4 2023 Earnings Conference Call February 8, 2024 4:30 PM ET Company Participants Harshit Vaish - SVP-Corporate Development, Strategy and Investor Relations Peter Kern - Vice Chairman and Chief Executive Officer Julie Whalen - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Kevin Kopelman - Cowen Eric Sheridan - Golden Sachs Lee Horowitz - Deutsche Bank Anthony Post - Bank of America Jed Kelly - Oppenheimer Mark Mahaney - Evercore ISI Operator Goo ...

Expedia (EXPE) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.99%. A quarter ago, it was expected that this online travel company would post earnings of $5.15 per share when it actually produced earnings of $5.41, delivering a surprise of 5.05%.Over the last four quarters, the comp ...

Expedia Group Inc. shares fell 12% in the extended session Thursday, as investors appeared nervous by a CEO change and looked past a quarterly beat for the online travel company. Expedia EXPE, +3.30% earned $132 million, or 92 cents a share, in the fourth quarter, compared with $177 million, or $1.11 a share, in the year-ago period. Adjusted for one-time items, the company earned $1.72 a share. Revenue rose 10% to $2.89 billion. Analysts polled by FactSet expected adjusted EPS of $1.67 on revenue of $2.87 b ...

SEATTLE--(BUSINESS WIRE)--Expedia Group today announced the appointment of Ariane Gorin as Expedia Group’s CEO, effective as of May 13, 2024. Ms. Gorin will succeed Peter Kern, who has served as the Company’s CEO since 2020. After completing his contract as CEO, Mr. Kern will continue to serve as the Company’s Vice Chairman and member of the Board of Directors, working closely with Ms. Gorin to ensure a smooth transition. Ms. Gorin has also been elected to serve on the Company’s Board of Directors. Ms. Gor ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________ Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37429 EXPEDIA GROUP, INC. (Exact name of registrant as specified in its chart ...

POLAND - 2024/01/31: In this photo illustration an Expedia logo seen displayed on a smartphone. ... [+] (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesExpedia (NASDAQ: EXPE), a travel company providing everything from airline tickets, hotel rooms, and car rentals, to cruises, is scheduled to announce its fiscal fourth-quarter results on Thursday, February 8. We expect Expedia’s stock to likely trade lower with revenues and earnings ...

Investors are always looking for stocks that are poised to beat at earnings season and Expedia Group, Inc. (EXPE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Expedia Group is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty ...

Expedia Group, Inc. (EXPE) is scheduled to report its fourth-quarter 2023 results on Feb 8.For the to-be-reported quarter, the Zacks Consensus Estimate for revenues is pegged at $2.88 billion, suggesting growth of 10% from the year-ago quarter’s reported figure.Further, the consensus mark for earnings stands at $1.67 per share, suggesting growth of 32.5% from the figure reported in the year-ago quarter.Let’s see how things have shaped up for the upcoming announcement.Key Factors to NoteSolid momentum in boo ...

2024 is shaping up to be an exciting year for stock markets. The US economy is strengthening, as the recent payroll numbers suggest. As such, it could be an interesting year for cyclical stocks like Expedia Group Plc. (NASDAQ:EXPE). The stock is up 27% in the past year, and there are indications that the positive momentum could continue.Cyclical stocks move with the state of the economy. The gain in value during economic expansions and fall during challenging times. As a travel technology company, Expedia f ...