Expedia Group, Inc. (EXPE) delivered second-quarter 2024 adjusted earnings of $3.51 per share, which rose 21% year over year. The figure surpassed the Zacks Consensus Estimate by 10.7%.Revenues of $3.56 billion rose 6% year over year. The figure surpassed the Zacks Consensus Estimate by 0.6%.Year-over-year revenue growth was driven by solid momentum across B2B, Brand Expedia and Advertising. Strength in lodging offerings and growing momentum across non-U.S. regions contributed well.Growing gross bookings, o ...

Shares of Expedia Group Inc EXPE skyrocketed in early trading on Friday, after the company reported upbeat second-quarter earnings.The results came amid an exciting earnings season. Here are some key analyst takeaways.Goldman Sachs On Expedia GroupAnalyst Eric Sheridan maintained a Buy rating, while raising the price target from $182 to $200.Expedia reported "solid" second-quarter results, with higher-than-expected gross bookings that were "driven more by room nights than ADRs," Sheridan said in a note. The ...

For the quarter ended June 2024, Expedia (EXPE) reported revenue of $3.56 billion, up 6% over the same period last year. EPS came in at $3.51, compared to $2.89 in the year-ago quarter.The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $3.54 billion. With the consensus EPS estimate being $3.17, the EPS surprise was +10.73%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

Key TakeawaysExpedia Group shares traded sharply higher ahead of Friday’s opening bell after the online travel company's earnings topped estimates amid robust demand in international markets. An earnings-driven rally sets the stock up to potentially form a double bottom given the close proximity of the May and August lows. Amid a move higher, investors should watch key price levels in Expedia shares at $130, $140, and $155. Expedia Group (EXPE) shares surged ahead of Friday’s opening bell after the online t ...

For Expedia Group CEO Ariane Gorin, there was a clear highlight for the company during the second quarter: Brand Expedia saw room night growth rise to nearly 20%.“Brand Expedia has been a great highlight for us,” Gorin told analysts and investors during the company’s second-quarter earnings call on Thursday (Aug. 8). “It gives me confidence because it was the least disrupted of all of our brands. We’ve built up the brand value there. The value prop on Brand Expedia is really strong for travelers. We feel go ...

Expedia (EXPE) came out with quarterly earnings of $3.51 per share, beating the Zacks Consensus Estimate of $3.17 per share. This compares to earnings of $2.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.73%. A quarter ago, it was expected that this online travel company would post a loss of $0.37 per share when it actually produced earnings of $0.21, delivering a surprise of 156.76%.Over the last four quarters, the com ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ 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 charter) For the quarterly period ended June 30, 2024 (State or other jurisdiction of incorporati ...

Expedia Group Reports Second Quarter 2024 Results Posts double-digit room night growth Drove 3 points of sequential acceleration in gross bookings growth to 6% SEATTLE, WA – August 8, 2024 – Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the second quarter ended June 30, 2024. "Our second quarter results came in at the high end of our expectations, with gross bookings and revenue growing 6%. We're pleased with our momentum and the sequential improvement in our consumer brands. Howe ...

Expedia Group, Inc. (EXPE) is scheduled to report its second-quarter 2024 results on Aug 8.For the to-be-reported quarter, the Zacks Consensus Estimate for revenues is pegged at $3.54 billion, suggesting growth of 5.4% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $3.17 per share, suggesting growth of 9.7% from the figure reported in the year-ago quarter.We note that EXPE’s bottom line surpassed the Zacks Consensus Estimate in all the trailing four quarters, the su ...

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