- Adjusted EPS: $3.51 vs. $2.89 year-over-year (y/y), beating the estimate of $3.12.
- Revenue: $3.56 billion, up 6% y/y, surpassing the estimate of $3.53 billion.
- Retail Revenue: $2.43 billion, a marginal increase of 0.7% y/y, missing the estimate of $2.46 billion.
- B2B Revenue: $1.05 billion, an increase of 22% y/y, exceeding the estimate of $993 million.
- Trivago Revenue: $77 million, a decline of 6.1% y/y, below the estimate of $114 million.
- Lodging Revenue: $2.86 billion, up 6.1% y/y, beating the estimate of $2.84 billion.
- Air Revenue: $111 million, unchanged y/y, missing the estimate of $114.2 million.
- Adjusted EBITDA: $786 million, up 5.2% y/y, above the estimate of $749.9 million.
- Adjusted Net Income: $469 million, an increase of 9.6% y/y, surpassing the estimate of $431.6 million.
- Free Cash Flow: $1.31 billion, a significant increase of 42% y/y, exceeding the estimate of $1.2 billion.
- Gross Bookings: $28.84 billion, above the estimate of $28.64 billion.
- Analyst Ratings: 13 buys, 22 holds, and 0 sells.
Expedia Group, Inc. on Smartkarma
Independent analysts on Smartkarma, like Baptista Research, have been closely covering Expedia Group, Inc. and providing valuable insights for investors. In their research report titled “Expedia Group: Advancements in GenAI and Personalized Travel Experiences! – Major Drivers,” Baptista Research highlights how Expedia’s Q1 2024 performance showcased a healthy market environment. However, they noted varying growth rates across different regions and product lines. Despite meeting revenue and EBITDA projections, Expedia faced challenges with weaker gross bookings than expected, especially in the Vrbo business segment.
In another report titled “Expedia Group: Boosting European Travel with New Partnerships! – Major Drivers,” Baptista Research delves into Expedia’s Q4 2023 financial results, emphasizing the company’s solid performance for the year. Despite significant changes and uncertainties, Expedia met its guidance, with strong revenue and EBITDA performance. The lodging business saw impressive growth in hotel gross bookings, although air gross bookings experienced some softness due to lower average ticket prices. Baptista Research also discusses factors influencing the company’s future stock price and conducts an independent valuation using a Discounted Cash Flow (DCF) methodology.
A look at Expedia Group, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Expedia Group, Inc. has received varying Smart Scores in different aspects of its business. With a high Growth score of 4 and Resilience score of 4, the company seems to have a promising long-term outlook. The Growth score signifies potential for expansion and development, while the Resilience score indicates its ability to withstand challenges. These scores suggest that Expedia Group, Inc. is well-positioned for sustainable growth and can navigate market fluctuations effectively, making it an attractive prospect for investors looking at the long-term horizon.
Despite the strong Growth and Resilience scores, Expedia Group, Inc. received lower scores in Value and Dividend factors. With a Value score of 2 and Dividend score of 1, the company may not be an ideal choice for investors seeking value or dividend income in the short term. However, the positive Momentum score of 3 highlights a certain level of investor interest and market sentiment towards the company. Overall, Expedia Group, Inc. seems poised for growth and resilience in the online travel services sector, making it a stock to watch for long-term investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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