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Expedia (EXPE) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, Expedia (EXPE - Free Report) reported revenue of $4.94 billion, up 11.9% over the same period last year. EPS came in at $9.39, compared to $7.57 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.73 billion, representing a surprise of +4.41%. The company delivered an EPS surprise of +7.07%, with the consensus EPS estimate being $8.77.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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 - Agency: $12.36 billion versus the five-analyst average estimate of $12.51 billion.
  • Gross bookings - Total: $34.01 billion versus $32.72 billion estimated by five analysts on average.
  • Gross bookings - Merchant: $21.65 billion versus the five-analyst average estimate of $20.21 billion.
  • Stayed Room Night /Booked room nights Growth: 7% versus the four-analyst average estimate of 3.8%.
  • Gross bookings by product - Non-lodging: $9.13 billion versus the four-analyst average estimate of $8.49 billion.
  • Revenue- B2C: $3.07 billion compared to the $2.97 billion average estimate based on five analysts. The reported number represents a change of +6.3% year over year.
  • Revenue- B2B: $1.71 billion versus the five-analyst average estimate of $1.6 billion. The reported number represents a year-over-year change of +22.7%.
  • Revenue- Trivago: $165 million compared to the $148.04 million average estimate based on five analysts. The reported number represents a change of +20.4% year over year.
  • Revenue- Expedia Group (excluding trivago): $4.77 billion versus $4.57 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +11.7% change.
  • Revenue by Service Type- Lodging: $3.99 billion compared to the $3.84 billion average estimate based on three analysts. The reported number represents a change of +10.7% year over year.
  • Revenue by Service Type- Other: $483 million versus the two-analyst average estimate of $391.79 million. The reported number represents a year-over-year change of +28.5%.
  • Revenue by Service Type- Air: $93 million versus $103.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.9% change.

View all Key Company Metrics for Expedia here>>>

Shares of Expedia have returned +9.9% over the past month versus the Zacks S&P 500 composite's -2% 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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