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.
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.
Expedia Group (EXPE 1.67%), a major online travel agency operator, outperformed analysts' expectations with the fourth-quarter report it released on Feb. 6. The company's adjusted earnings per share (EPS) of $2.39 outpacing the forecast of $2.09 by 14.4%.
Online travel platform Expedia reported fourth-quarter results on Thursday that beat Wall Street estimates on the back of strong international travel demand, sending the company's shares up about 8% after the bell.
EXPE is expected to have benefited from higher bookings and B2B growth, though strong competition may constrain growth in the fourth quarter.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Expedia (EXPE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Expedia (EXPE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Expedia (EXPE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
We maintain our Buy recommendation on Expedia due to its steep valuation discount compared to peers and similar growth rate expectations. Our positive outlook is backed by sales acceleration, a new CFO, and easier comps compared to H1 2024. A low debt level and an ongoing buyback (estimated also in 2025) will support Expedia's valuation and its re-rating potential.