Expedia Earnings, Revenue miss in Q4 By Investing.com
Expedia reported on Thursday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
Expedia announced earnings per share of $-2.64 on revenue of $920M. Analysts polled by Investing.com anticipated EPS of $-1.95 on revenue of $1.12B.
Expedia shares are up 13.16% from the beginning of the year and are trading at $149.83 , down-from-52-week-high.They are outperforming the Nasdaq which is up 8.83% from the start of the year.
Expedia follows other major Services sector earnings this month
Expedia’s report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar