Expedia Earnings, Revenue beat in Q1 By Investing.com

Expedia reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Expedia announced earnings per share of $-2.02 on revenue of $1.25B. Analysts polled by Investing.com anticipated EPS of $-2.3 on revenue of $1.11B.

Expedia shares are up 24.52% from the beginning of the year and are trading at $164.87 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5.78% 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 April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar