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 ...

Expedia Group, Inc. (NASDAQ:EXPE) Q1 2023 Results Earnings Conference Call May 4, 2023 4:30 PM 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 Lee Horowitz - Deutsche Bank Jacob Seed - Cowen and Company Justin Post - Bank of America Merrill Lynch Eric Sheridan - Goldman Sachs Chris Kuntarich - UBS Tom Champion - Piper ...

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 March 31, 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 EXPEDIA GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 20-2705720 (State or other jurisdiction of (I.R. ...

Expedia Group, Inc. (NASDAQ:EXPE) Q4 2022 Results Earnings Conference Call February 10, 2023 4:30 PM 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 - Cowen and Company Lloyd Walmsley - UBS Anthony Post - Bank of America Merrill Lynch Brian Fitzg ...

Financial Performance - For the year ended December 31, 2022, total revenue was $11.7 billion, with merchant, agency, and advertising accounting for 66%, 26%, and 8% of total revenue, respectively[32]. - The company has outstanding long-term indebtedness of $6.3 billion as of December 31, 2022, with an untapped revolving credit facility of $2.5 billion[101]. - The company experienced increases in Adjusted EBITDA margins, profitability, and operating cash flows exceeding historic levels due to cost-saving initiatives and a near full recovery in travel bookings[212]. - The company has suspended its quarterly common stock dividends during 2022 and 2021, with no current expectation to declare dividends on common stock[199][200]. - As of January 27, 2023, the closing price of the company's common stock was $116.18 on Nasdaq, with approximately 2,444 holders of record[198]. Market Opportunities - The global travel spending is estimated at approximately $1.6 trillion in 2023, indicating significant market opportunity for the company[19]. - The company’s gross bookings represent a single-digit percentage of total worldwide travel spending, highlighting the potential for growth[19]. - The company aims to grow its B2B travel business by increasing wallet share with existing customers and winning contracts with new customers[46]. Technology and Operations - The company completed the migration of the Hotels.com front-end technology stack onto the Brand Expedia platform in 2022, enhancing operational efficiencies[27]. - The company shifted to a platform operating model in 2020 to reduce complexity and improve operations, allowing for more scalable services[16]. - The company is migrating to new technology platforms, including AWS, to enhance service capabilities, but this transition may be time-consuming and costly[150]. - The company has developed proprietary technology to assist travel suppliers in managing and marketing their offerings, enhancing their revenue potential[40]. Customer Experience and Marketing - The company has invested significantly in contact center technologies to improve customer experience and efficiency, with ongoing benefits expected[28]. - The company utilizes various marketing channels, including brand advertising, loyalty programs, and personalized communications, to drive traffic and bookings[35]. - The company expects to continue marketing its package products primarily using the merchant model, which allows travelers to assemble travel packages at lower prices compared to booking components separately[33]. Competition and Market Risks - The company faces strong competition from both online and offline travel companies, impacting customer acquisition and marketing costs[43]. - The competitive landscape includes intense competition from online travel agencies (OTAs) and alternative accommodation providers, with major competitors like Booking Holdings and Airbnb expanding their service offerings[78]. - Travel suppliers are increasingly focusing on direct bookings through their own platforms, which may offer more favorable terms to consumers, impacting the company's market share[79]. - Search engines, particularly Google, pose a competitive threat by potentially disintermediating OTAs and increasing traffic acquisition costs[80]. Regulatory and Compliance Issues - The company is subject to evolving regulations in the travel industry, including compliance with consumer protection and data privacy laws[55]. - The company is subject to various payment regulations, which could impose additional compliance costs and operational challenges[109]. - The company is involved in various legal proceedings that may necessitate changes to its business operations and could result in substantial payments impacting financial position[143]. - The company is cooperating with regulatory authorities regarding investigations into contractual provisions with accommodation providers and market practices[192][195]. Employee and Workplace Initiatives - The company has a team of 16,500 employees across more than 50 countries, with over half working in technology roles as of December 31, 2022[57]. - The company aims for 50% of leadership roles to be occupied by women by the end of 2025 and for 25% of U.S. external hires to come from racially and ethnically underrepresented groups[63]. - The company has adopted a hybrid work model since April 2022, enhancing employee benefits to support the transition, including expanded wellness services[61]. Financial and Economic Challenges - The COVID-19 pandemic significantly impacted the travel industry, leading to reduced new bookings and increased cancellations, which resulted in negative cash flow and adversely affected the company's liquidity position[72]. - The company is facing an increasingly complex macroeconomic environment due to inflation, rising interest rates, and energy price volatility, which may impact future operational results[209]. - The company is sensitive to fluctuations in hotel supply, occupancy, and Average Daily Rates (ADRs), which historically impact financial performance[92]. Cybersecurity and Data Protection - Cybersecurity risks persist, with potential unauthorized access to confidential data, which could damage reputation and increase costs[151]. - The company processes and stores sensitive personal data, making it subject to legal obligations and risks associated with data protection failures[157]. - Any data breach or failure to comply with privacy laws could result in significant revenue loss and reputational damage[158]. Environmental, Social, and Governance (ESG) Considerations - Increased focus on Environmental, Social, and Governance (ESG) responsibilities may lead to additional costs and risks, potentially impacting reputation and financial results[168]. - The company is committed to building inclusive and diverse workplaces through various initiatives aimed at promoting belonging and equal opportunity[59]. - Climate change poses direct and indirect risks to the business, including operational disruptions and shifts in consumer preferences[169].