- Expedia’s adjusted earnings per share (EPS) for Q4 2024 outperformed estimates, coming in at $2.39 compared to the estimated $2.07.
- Revenue reached $3.18 billion, a 10% increase year-over-year (y/y), surpassing the expected $3.07 billion.
- Retail revenue was $2.08 billion, slightly above the forecasted $2.01 billion, marking a 6% increase y/y.
- B2B revenue showed significant growth at $1.04 billion, a 21% rise y/y, exceeding the anticipated $1.01 billion.
- Trivago contributed $66 million in revenue, up 1.5% y/y.
- Lodging revenue demonstrated a 10% growth y/y, totaling $2.54 billion against an estimate of $2.46 billion.
- Air revenue was reported at $98 million, a 14% increase y/y, surpassing the $92.1 million estimate.
- The adjusted EBITDA stood at $643 million, reflecting a 21% increase y/y and beating the estimate of $571 million.
- Adjusted net income reached $315 million, a 30% surge y/y, outperforming the forecasted $257.5 million.
- Gross bookings amounted to $24.42 billion, surpassing the estimate of $23.25 billion.
- CEO Ariane Gorin commented on the solid performance across core consumer brands and the accelerated growth in the B2B sector.
- Expedia shares increased by 5.5% in post-market trading to $182.00, with 9,672 shares traded.
- There were 13 buy ratings, 26 holds, and no sell ratings.
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Expedia Group, Inc. on Smartkarma
Analyst coverage of Expedia Group, Inc. on Smartkarma, an independent investment research network, has highlighted various insights from top independent analysts like Baptista Research.
Baptista Research‘s report on Expedia Group Inc. discussed the company’s positive financial performance indicators in the third quarter of 2024, with accelerated growth in gross bookings and strong performance from Brand Expedia and Vrbo. Another report from Baptista Research focused on Uber’s potential game-changing shift with Tesla partnerships and the reported exploration of acquiring Expedia, signaling a strategic diversification move.
A look at Expedia Group, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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. provides branded online travel services for leisure and small business travelers. The company offers a wide range of travel shopping and reservation services, providing real-time access to schedule, pricing, and availability information for airlines, hotels, and car rental companies.
Looking ahead, Expedia Group, Inc. has received Smartkarma Smart Scores indicating its long-term outlook. With a strong score of 5 for Growth and a respectable score of 4 for Momentum, the company seems well-positioned for future expansion and performance. While the Value score is at 2 and the Dividend score is at 1, indicating some room for improvement in these areas, the overall outlook is positive due to the high scores in Growth and Momentum. Additionally, the Resilience score of 3 suggests a moderate level of stability in the face of potential market challenges. Overall, Expedia Group, Inc. appears to have a promising long-term outlook based on the Smartkarma Smart Scores provided.
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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