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Expedia Earnings Beat, Revenue Inline In Q1

2022.05.02 23:16

Expedia Earnings Beat, Revenue Inline In Q1
Expedia Earnings Beat, Revenue Inline In Q1

Investing.com – Expedia (NASDAQ:EXPE) reported on Monday first quarter earnings that beat analysts’ forecasts and revenue that was inline with expectations.

Expedia announced earnings per share of $-0.47 on revenue of $2.25B. Analysts polled by Investing.com anticipated EPS of $-0.4755 on revenue of $2.25B.

Expedia shares are down 3.27% from the beginning of the year, still down 19.71% from its 52 week high of $217.72 set on February 16. They are outperforming the Nasdaq which is down 19.87% from the start of the year.

Expedia shares lost 0.47% in after-hours trade following the report.

Expedia follows other major Consumer Discretionary sector earnings this month

Expedia’s report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.

Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.

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

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