For the quarter ended March 2024, Expedia (EXPE - Free Report) reported revenue of $2.89 billion, up 8.4% over the same period last year. EPS came in at $0.21, compared to -$0.20 in the year-ago quarter.
The reported revenue represents a surprise of +3.10% over the Zacks Consensus Estimate of $2.8 billion. With the consensus EPS estimate being -$0.37, the EPS surprise was +156.76%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Expedia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Gross bookings - Total: $30.16 billion versus the seven-analyst average estimate of $30.57 billion.
- Stayed room nights: 101 compared to the 101 average estimate based on six analysts.
- Gross bookings - Agency: $13.30 billion versus $13.37 billion estimated by six analysts on average.
- Gross bookings - Merchant: $16.86 billion compared to the $17.21 billion average estimate based on six analysts.
- Revenue- International: $1.10 billion versus $1.03 billion estimated by three analysts on average.
- Revenue- United States: $1.79 billion versus the three-analyst average estimate of $1.78 billion.
- Revenue- B2C: $1.99 billion versus the five-analyst average estimate of $1.97 billion.
- Revenue- B2B: $833 million compared to the $752.52 million average estimate based on five analysts. The reported number represents a change of +24.7% year over year.
- Revenue- Trivago: $70 million versus $76.11 million estimated by five analysts on average.
- Revenue by Service Type- Lodging: $2.23 billion compared to the $2.21 billion average estimate based on four analysts. The reported number represents a change of +9.8% year over year.
- Revenue by Service Type- Air: $115 million compared to the $110.79 million average estimate based on three analysts. The reported number represents a change of +1.8% year over year.
- Revenue- Merchant: $1.96 billion compared to the $1.97 billion average estimate based on three analysts.
View all Key Company Metrics for Expedia here>>>Shares of Expedia have returned +4.1% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended March 2024, Expedia (EXPE - Free Report) reported revenue of $2.89 billion, up 8.4% over the same period last year. EPS came in at $0.21, compared to -$0.20 in the year-ago quarter.
The reported revenue represents a surprise of +3.10% over the Zacks Consensus Estimate of $2.8 billion. With the consensus EPS estimate being -$0.37, the EPS surprise was +156.76%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Expedia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Gross bookings - Total: $30.16 billion versus the seven-analyst average estimate of $30.57 billion.
- Stayed room nights: 101 compared to the 101 average estimate based on six analysts.
- Gross bookings - Agency: $13.30 billion versus $13.37 billion estimated by six analysts on average.
- Gross bookings - Merchant: $16.86 billion compared to the $17.21 billion average estimate based on six analysts.
- Revenue- International: $1.10 billion versus $1.03 billion estimated by three analysts on average.
- Revenue- United States: $1.79 billion versus the three-analyst average estimate of $1.78 billion.
- Revenue- B2C: $1.99 billion versus the five-analyst average estimate of $1.97 billion.
- Revenue- B2B: $833 million compared to the $752.52 million average estimate based on five analysts. The reported number represents a change of +24.7% year over year.
- Revenue- Trivago: $70 million versus $76.11 million estimated by five analysts on average.
- Revenue by Service Type- Lodging: $2.23 billion compared to the $2.21 billion average estimate based on four analysts. The reported number represents a change of +9.8% year over year.
- Revenue by Service Type- Air: $115 million compared to the $110.79 million average estimate based on three analysts. The reported number represents a change of +1.8% year over year.
- Revenue- Merchant: $1.96 billion compared to the $1.97 billion average estimate based on three analysts.
View all Key Company Metrics for Expedia here>>>Shares of Expedia have returned +4.1% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
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