Expedia Group Inc. (EXPE)
Watch These Expedia Price Levels As Stock Jumps on Earnings Beat
Expedia Group (EXPE) shares surged ahead of Friday's opening bell after the online travel company reported earnings that topped estimates amid robust demand in international markets. The company did, however, caution about a more challenging macro environment and softening travel demand throughout July, echoing the sentiment of rivals.
Expedia jumps as results beat overshadows travel demand warning
Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) shares jumped over 11% in extended trading as the travel group's expectation-beating second-quarter results appeared to overshadow warnings on demand. Revenue and profits came in higher than consensus expectations for the three months to June, though Expedia did warn of “softening” travel demand in the months ahead.
Expedia Group, Inc. (EXPE) Q2 2024 Earnings Call Transcript
Expedia Group, Inc. (NASDAQ:EXPE ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Harshit Vaish - Senior Vice President of Corporate Development, Strategy & Investor Relations Ariane Gorin - Chief Executive Officer Julie Whalen - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore ISI Eric Sheridan - Goldman Sachs Lee Horowitz - Deutsche Bank Trevor Young - Barclays Conor Cunningham - Melius Research Naved Khan - B. Riley Kevin Kopelman - TD Securities Ken Gawrelski - Wells Fargo Richard Clarke - Bernstein Societe Generale Group John Colantuoni - Jefferies Jed Kelly - Oppenheimer Ron Josey - Citigroup Operator Good day everyone and welcome to the Expedia Group Q2 2024 Financial Results Teleconference.
Expedia Focuses on Loyalty Programs as It Expects Soft Travel Demand in Q3
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).
Expedia (EXPE) Tops Q2 Earnings and Revenue Estimates
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.
Expedia turns cautious, says travel demand softened in July
Shares of Expedia Group Inc. jumped more than 10% in the extended session Thursday after the online travel company comfortably beat Wall Street's expectations for its second quarter but sounded the alarm for the current quarter, saying that July travel demand weakened.
Expedia beats second-quarter profit estimates on sustained international travel demand
Online travel agency Expedia beat analysts' expectations on Thursday for second-quarter profit, helped by sustained demand for international travel, sending its shares up 7% after the bell.
Expedia warns of lower travel demand but stock rises 7% after Q2 earnings
Expedia Group topped expectations for its second quarter, with $3.6 billion in revenue, up 6% year-over-year, and profits of $386 million. Gross bookings reached $28.8 million, up 6%, and room nights booked grew 10% to $98.9 million.
Expedia Group Earnings, Sales Beat Expectations. Travel Firm Warns Of Softening Demand.
Expedia stock was lower despite strong Q2 results, after the company warned of softening demand for travel.
Down 23% This Year, What Lies Ahead For Expedia Stock Post Q2 Results?
Expedia (NASDAQ: EXPE), a travel company providing everything from airline tickets, hotel rooms, and car rentals, to cruises, is scheduled to announce its fiscal second-quarter results on Thursday, August 8. We expect Expedia's stock to likely see little to no movement with revenues and earnings matching consensus estimates in Q2 results.
What's in the Cards for Expedia Group (EXPE) in Q2 Earnings?
Expedia Group's (EXPE) second-quarter 2024 results are expected to reflect gains from growing momentum across B2B, Brand Expedia and advertising businesses.
What Analyst Projections for Key Metrics Reveal About Expedia (EXPE) Q2 Earnings
Besides Wall Street's top -and-bottom-line estimates for Expedia (EXPE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
