Expedia Group, Inc. (EXPE) is scheduled to report its fourth-quarter 2023 results on Feb 8.For the to-be-reported quarter, the Zacks Consensus Estimate for revenues is pegged at $2.88 billion, suggesting growth of 10% from the year-ago quarter’s reported figure.Further, the consensus mark for earnings stands at $1.67 per share, suggesting growth of 32.5% from the figure reported in the year-ago quarter.Let’s see how things have shaped up for the upcoming announcement.Key Factors to NoteSolid momentum in boo ...

2024 is shaping up to be an exciting year for stock markets. The US economy is strengthening, as the recent payroll numbers suggest. As such, it could be an interesting year for cyclical stocks like Expedia Group Plc. (NASDAQ:EXPE). The stock is up 27% in the past year, and there are indications that the positive momentum could continue.Cyclical stocks move with the state of the economy. The gain in value during economic expansions and fall during challenging times. As a travel technology company, Expedia f ...

Wall Street analysts expect Expedia (EXPE) to post quarterly earnings of $1.67 per share in its upcoming report, which indicates a year-over-year increase of 32.5%. Revenues are expected to be $2.88 billion, up 10% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 3.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a comp ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Expedia, with a focus on how actual results compare to estimates, which could significantly impact stock price [1] Group 1: Earnings Expectations - Expedia is expected to report quarterly earnings of $1.67 per share, reflecting a year-over-year increase of +32.5% [2] - Revenue projections stand at $2.88 billion, indicating a 10% increase from the previous year [2] - The consensus EPS estimate has been revised 3.94% higher in the last 30 days, suggesting a positive reassessment by analysts [2] Group 2: Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a positive Earnings ESP of +5% for Expedia, suggesting analysts are optimistic about the company's earnings prospects [5] - A Zacks Rank of 3 indicates a neutral outlook, but the combination with a positive Earnings ESP suggests a likelihood of beating the consensus EPS estimate [6][5] Group 3: Historical Performance - In the last reported quarter, Expedia exceeded expectations by delivering earnings of $5.41 per share against an estimate of $5.15, resulting in a surprise of +5.05% [7] - Over the past four quarters, Expedia has beaten consensus EPS estimates two times, indicating a mixed but generally positive performance history [7] Group 4: Market Dynamics - An earnings beat or miss is not the sole determinant of stock movement, as other factors can influence investor sentiment [8] - Despite the potential for an earnings beat, it is essential to consider additional market factors before making investment decisions regarding Expedia [8]

Expedia (EXPE) ended the recent trading session at $145.66, demonstrating a -1.96% swing from the preceding day's closing price. This change lagged the S&P 500's 0.22% gain on the day. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.32%.Heading into today, shares of the online travel company had lost 4.34% over the past month, lagging the Retail-Wholesale sector's gain of 0.36% and the S&P 500's gain of 1.61% in that time.The investment community will be closely monitoring the performan ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Expedia (EXPE) , which belongs to the Zacks Internet - Commerce industry.This online travel company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 14.81%.For the most recent quarter, Expedia was expected to post earnings of $5.15 per share, but it re ...

Expedia Group, Inc. (NASDAQ:EXPE) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Corporate Participants Harshit Vaish - SVP-Corporate Development, Strategy and Investor Relations Peter Kern - Vice Chairman and Chief Executive Officer Julie Whalen - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Lee Horowitz - Deutsche Bank Jacob Hendricks - Cowen Naved Khan - B. Riley Securities Jed Kelly - Oppenheimer Chris Roop - Jefferies Justin Post - Bank of America Tom ...

Financial Performance - Revenue for Q3 2023 was $3,929 million, an increase of 8.6% from $3,619 million in Q3 2022[9] - Operating income for Q3 2023 decreased to $607 million, down 18.8% from $747 million in Q3 2022[9] - Net income attributable to Expedia Group, Inc. for Q3 2023 was $425 million, compared to $482 million in Q3 2022, reflecting a decline of 11.8%[9] - Comprehensive income attributable to Expedia Group, Inc. for Q3 2023 was $392 million, compared to $405 million in Q3 2022[11] - Basic earnings per share for Q3 2023 was $2.98, down from $3.05 in Q3 2022[9] - Total revenue for the nine months ended September 30, 2023, was $9,952 million, a 10% increase from $9,049 million in the same period of 2022[87] - Adjusted EBITDA for the nine months ended September 30, 2023, was $2,148 million, up from $1,900 million in the same period of 2022, reflecting a 13% increase[87] - Net income attributable to Expedia Group, Inc. for the nine months ended September 30, 2023, was $665 million, compared to $175 million in the same period of 2022, representing a significant increase[87] Assets and Liabilities - Total current assets increased to $10,094 million as of September 30, 2023, up from $8,791 million at the end of 2022[14] - Cash and cash equivalents rose to $5,056 million, compared to $4,096 million at December 31, 2022[14] - Total assets reached $22,522 million as of September 30, 2023, an increase from $21,561 million at the end of 2022[14] - The total stockholders' equity increased to $2,926 million as of September 30, 2023, up from $3,713 million as of September 30, 2022, indicating a decline of 21.1%[20] - The company's long-term debt as of September 30, 2023, was $6.25 billion, with various senior notes maturing between 2025 and 2031[53] - The total estimated fair value of the company's Senior Notes was approximately $4.9 billion as of September 30, 2023[56] - The company maintained a $2.5 billion revolving credit facility as of September 30, 2023, with no borrowings outstanding[57] Cash Flow and Investments - The company reported net cash provided by operating activities of $2,928 million for the nine months ended September 30, 2023, compared to $3,622 million for the same period in 2022, a decrease of 19.2%[22] - The cash, cash equivalents, and restricted cash at the end of the period increased to $6,492 million as of September 30, 2023, compared to $6,366 million at the end of September 2022[22] - The company repurchased 5,229,924 shares of common stock for $577 million during the three months ended September 30, 2023[20] - The company repurchased 15.4 million shares for a total cost of $1.6 billion under the 2019 Share Repurchase Program, with an average repurchase price of $103.48 per share[61] Expenses and Impairments - The company reported an impairment of goodwill amounting to $297 million in Q3 2023[9] - The company recorded intangible impairment charges of $15 million for the three and nine months ended September 30, 2023, compared to $52 million and $81 million for the same periods in 2022[51] - Selling and marketing expenses increased by 11% in Q3 2023 to $1,856 million and by 12% for the nine months to $5,300 million, primarily due to increased B2B partner commissions[152][153] - Technology and content expenses rose to $340 million in Q3 2023, a 10% increase from $310 million in Q3 2022, and for the nine months, it increased to $1,001 million from $864 million, reflecting higher personnel costs[154][155] Market and Industry Trends - The company reported a healthy recovery in travel demand, driven by pent-up demand from the COVID-19 pandemic[98] - The online travel industry continues to experience rapid growth, with increased online penetration in travel expenditures, particularly in the U.S. and Western Europe[99] - The company anticipates continued competition in the online travel industry, particularly from emerging markets and alternative accommodation providers[99] - Future macroeconomic factors, such as inflation and rising living costs, may influence ADR trends and overall revenue[109] Tax and Legal Matters - The effective tax rate for Q3 2023 was 31.2%, slightly up from 31.0% in Q3 2022, primarily due to a nondeductible goodwill impairment[68] - For the nine months ended September 30, 2023, the effective tax rate decreased to 34.8% from 52.6% in the same period of 2022[69] - TripAdvisor agreed in principle with the IRS to an assessed amount of $120 million for transfer pricing adjustments for the 2009 through 2011 tax years[72] - The company is involved in various legal proceedings but does not expect them to have a material impact on its financial condition[73] Segment Performance - The B2C segment generated third-party revenue of $2,819 million for the three months ended September 30, 2023, an increase from $2,707 million in the same period of 2022[85] - Adjusted EBITDA for the B2C segment was $1,056 million for the three months ended September 30, 2023, compared to $943 million for the same period in 2022[85] - The B2B segment generated third-party revenue of $995 million for the three months ended September 30, 2023, an increase from $788 million in the same period of 2022[85] - The trivago segment's Adjusted EBITDA decreased by 48% to $18 million for the three months ended September 30, 2023, and by 45% to $51 million for the nine months ended September 30, 2023[167]

Expedia Group, Inc. (NASDAQ:EXPE) Q2 2023 Earnings Conference Call August 3, 2023 9:30 AM ET Company Participants Harshit Vaish - Senior Vice President-Corporate Development, Strategy and Investor Relations Peter Kern - Vice Chairman and Chief Executive Officer Julie Whalen - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Lee Horowitz - Deutsche Bank Kevin Kopelman - TD Cowen Mark Mahaney - Evercore ISI Justin Post - Bank of America Lloyd Walmsley - UBS Naved Khan - B. Ri ...

EXPEDIA GROUP, INC. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37429 If an emerging growth company, indicate by check mark if the registrant has elected not to use ...