Core Viewpoint - Expedia Group (EXPE) has shown strong performance with a 14.7% increase in shares over the past month, outperforming both the Zacks Internet Commerce industry and the Retail-Wholesale sector [1] Group 1: Company Performance and Strategy - EXPE is benefiting from its strong positioning in the online travel booking space, with robust B2B, Brand Expedia, and advertising businesses driving momentum [1] - The company plans to integrate generative AI technology into its services and enhance its portfolio through expanding partnerships, which is expected to boost customer engagement [1] - The Zacks Consensus Estimate for third-quarter 2024 revenues is projected at $4.1 billion, indicating a year-over-year growth of 4.3% [4] Group 2: Partnerships and Market Position - EXPE's expanding network of partnerships is a key driver for its growth, including a recent partnership with Ryanair to offer budget-friendly flights [2] - The introduction of Stays by Alaska Vacation, in partnership with Alaska Airlines, enhances customer experience by personalizing travel options [3] - Collaborations with Wells Fargo and Mastercard to launch co-branded credit cards provide U.S. travelers with greater flexibility and rewards [3] - Partnerships with various tourism agencies in Australia aim to improve sustainable tourism and showcase local culture [4] Group 3: Market Outlook and Competition - The global travel and tourism market is projected to reach $916 billion in 2024 and $1.11 trillion by 2029, with a CAGR of 4% from 2024 to 2029, positioning EXPE to capitalize on this growth [2] - However, rising competition from major players like TripAdvisor, Airbnb, and Booking Holdings poses risks to EXPE's market position [6] - The Zacks Consensus Estimate for 2024 revenues is pegged at $13.6 billion, indicating a rise of 5.9% year over year [5] Group 4: Earnings Estimates - The Zacks Consensus Estimate for third-quarter 2024 earnings is $6.07 per share, reflecting a year-over-year growth of 12.2%, although it has been revised down by 8.2% in the past 30 days [8] - For 2024, the consensus mark for earnings is $11.53 per share, suggesting growth of 18.9% year over year, but this figure has also been revised downward by 2.5% [8]

Expedia Group, Inc. (NASDAQ:EXPE) Deutsche Bank Technology Conference Call August 29, 2024 5:45 PM ET Company Participants Ariane Gorin - CEO Conference Call Participants Lee Horowitz - Deutsche Bank Lee Horowitz I think that's our queue. So thanks so much for joining us. We're delighted to be closing out our 2024 Deutsche Bank Technology Conference today with Ariane Gorin, the new CEO of Expedia Group. Prior to her role as CEO, Ariane has held multiple executive leadership roles at Expedia over 11 years, m ...

As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences.Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global reach to boost cross-brand engagement. Airbnb is prioritizing unique experiences by adding new quality features like Guest Favorites and Airbnb Icons to increase customer engagement. Meanwh ...

The reasons behind the August market meltdown are numerous and are already moving into the rearview mirror of investors. A coolish reading in the July producer price index (PPI) has investors putting their foot on the gas to get ahead of the Federal Reserve cutting interest rates. It’s also a reason to consider investing in travel stocks.One rate cut, even if it’s one of 50 basis points, which the experts seem to favor, won’t do much to relieve pressure on consumers right now. But the markets are forward-th ...

JHVEPhoto/iStock Editorial via Getty Images It's been a surprising earnings season so far in Q2, where many high-flying stocks have been pummeled and rebound plays have unexpectedly stepped into the spotlight. Such was the case for Expedia (NASDAQ:EXPE), the online travel giant that has been beleaguered by softer trends at its home-sharing subsidiary Vrbo and lost tremendous market value this year. But in Q2, Expedia pulled off a much-needed turnaround. Whereas rivals Booking.com (BKNG) and Airbnb (ABNB ...

Jon Lovette/DigitalVision via Getty Images Although Expedia Group stock (NASDAQ:EXPE) is here at an attractive valuation with a forward PE of around just 11, the company is showing many bad signs that imply an impossibility of getting real growth. In my view, the stock is not a buy, but due to uncertainty and the relatively low valuation, it is nothing more than a hold. Data by YCharts Expedia brief business model Expedia, as presented in its 10K filing, is an online travel company. It offers around 3 m ...

Key TakeawaysThe S&P 500 gained 0.5% on Friday, Aug. 9, 2024, closing out a week of dramatic stock market fluctuations driven by concerns about the U.S. economy.Expedia shares jumped as international demand helped the travel platform operator top second-quarter sales and profit forecasts.Insulet shares dropped after the insulin pump maker suggested new user growth could be lower than previously expected in the second half of 2024. The S&P 500 and the Nasdaq added around 0.5% on Friday, wrapping up a volatil ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

A slowdown is coming, but there are reasons the stock can keep going.Shares of Expedia Group (EXPE 9.27%) were climbing today after the company posted better-than-expected results in the second quarter and investors looked past modest guidance for the third quarter.As of 1:48 p.m. ET, the stock was up 10.1% on the news. Expedia benefits from low expectationsLike other online travel agencies including Booking Holdings and Airbnb, Expedia reported slowing growth as consumer spending on travel slows.However, a ...

Expedia Group, Inc. (EXPE) delivered second-quarter 2024 adjusted earnings of $3.51 per share, which rose 21% year over year. The figure surpassed the Zacks Consensus Estimate by 10.7%.Revenues of $3.56 billion rose 6% year over year. The figure surpassed the Zacks Consensus Estimate by 0.6%.Year-over-year revenue growth was driven by solid momentum across B2B, Brand Expedia and Advertising. Strength in lodging offerings and growing momentum across non-U.S. regions contributed well.Growing gross bookings, o ...