-+ 0.00%
-+ 0.00%
-+ 0.00%
Expedia: Q2 Earnings Snapshot
Share
Listen to the news

SEATTLE (AP) — SEATTLE (AP) — Expedia Group, Inc. (EXPE) on Wednesday reported second-quarter earnings of $878 million.

On a per-share basis, the Seattle-based company said it had profit of $7.16. Earnings, adjusted for one-time gains and costs, came to $5.76 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.45 per share.

The online travel company posted revenue of $4.32 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $4.18 billion.

For the current quarter ending in September, Expedia said it expects revenue in the range of $4.65 billion to $4.75 billion.

The company expects full-year revenue in the range of $16.05 billion to $16.22 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPE at https://www.zacks.com/ap/EXPE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending