Expedia: Q3 Earnings Snapshot
By AP News
Published - Nov 07, 2024, 04:12 PM ET
Last Updated - Dec 16, 2024, 05:35 PM EST
SEATTLE (AP) — SEATTLE (AP) — Expedia Inc. (EXPE) on Thursday reported third-quarter earnings of $684 million.
The Seattle-based company said it had net income of $5.04 per share. Earnings, adjusted for one-time gains and costs, came to $6.13 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.10 per share.
The online travel company posted revenue of $4.06 billion in the period, which did not meet Street forecasts. Nine analysts surveyed by Zacks expected $4.11 billion.
