Core Viewpoint - Expedia reports an "improved demand environment" across all segments, indicating a positive trend in travel bookings and consumer interest [1] Group 1: Demand and Performance - The company has observed a significant increase in travel demand, suggesting a recovery in the travel industry post-pandemic [1] - Expedia's various business segments are experiencing growth, reflecting a broad-based improvement in consumer travel behavior [1] Group 2: Market Trends - The overall travel market is showing signs of resilience, with consumers increasingly willing to spend on travel experiences [1] - This trend may lead to further investment opportunities within the travel and hospitality sectors as demand continues to rise [1]

Core Insights - Expedia Group reported strong financial results, with adjusted EPS of $7.57 exceeding the consensus estimate of $6.95, indicating robust performance in earnings [1] - The company experienced an acceleration in gross bookings across both consumer and B2B channels, reflecting positive trends in its business operations [1] Financial Performance - Adjusted EPS reached $7.57, significantly higher than the expected $6.95, showcasing effective cost management and revenue generation strategies [1] - The growth in gross bookings suggests a healthy demand for travel services, which is a positive indicator for the company's future revenue potential [1]

Core Insights - Expedia reported earnings per share (EPS) of $757, exceeding estimates of $692, indicating strong financial performance [1] - Revenue also surpassed expectations, coming in at $4.1 billion compared to estimates of $4.28 billion [1] - Booked room nights reached 108 million, exceeding estimates of 103.87 million, reflecting robust consumer demand [1][2] - The company anticipates fourth quarter revenue growth of 6 to 8%, significantly higher than the estimated 2.7% [1] Market Reaction - Shares of Expedia increased by almost 9% following the earnings report, indicating positive market sentiment [2] - The strong report suggests that consumers are willing to spend discretionary income on travel, which is a positive sign for the industry [2][3] - The upcoming holiday travel season is expected to benefit from this strong consumer spending trend [3] Performance Context - The reported numbers are considered "huge" and well above expectations, which is crucial for favorable market reactions [3][4] - The performance indicates a strong consumer base, although it is important to monitor which segments of consumers are driving this spending [3]

Q3 2025 Earnings N O V E M B E R 2 0 2 5 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This presentation contains "forward-looking statements" about Expedia Group's financial performance, operating results, and guidance, which may include, but are not limited to, statements relating to future gross bookings; revenues; expenses; margins and margin expansion, including EBITDA margin expansion; profitability; net income (loss); earnings per share; and other measures of result ...

Core Insights - Expedia reported Q3 CY2025 revenue of $4.41 billion, exceeding Wall Street expectations by 2.9% with an 8.7% year-on-year growth [1][5][8] - The company provided a positive revenue guidance for Q4 CY2025 at $3.41 billion, which is 4.2% above analyst estimates [1][5][8] - Non-GAAP profit per share was $7.57, surpassing analysts' consensus by 9% [1][8] Company Overview - Expedia, originally part of Microsoft, is recognized as one of the leading online travel agencies globally [3] Revenue Growth - Over the last three years, Expedia's sales grew at a compounded annual growth rate of 8.3%, which is below the benchmark for the consumer internet sector [4] - The current quarter's revenue growth of 8.7% is a positive sign, but future projections indicate a slowdown, with analysts expecting a 4.5% revenue growth over the next 12 months [5] Financial Performance - Adjusted EBITDA for the quarter was $1.45 billion, with a margin of 32.8%, exceeding analyst expectations [8] - Operating margin improved to 23.5%, up from 18.8% in the same quarter last year [8] - Free cash flow was reported at -$686 million, a decline from $921 million in the previous quarter [8] Booking Growth - Revenue generation is driven by increasing the number of stays booked and the commissions charged on those bookings [9]

Core Insights - The online travel agency is experiencing a resurgence in travel demand across various income levels, indicating a broad recovery in the travel sector [1] - Despite the overall increase in demand, some travel companies report that low-income consumers are still hesitant to spend on travel [1] Group 1 - The online travel agency is seeing travel demand return across income levels [1] - Several travel companies note that low-income consumers are still holding back [1]

Core Insights - Online travel platform Expedia has raised its revenue growth forecast for 2025 after surpassing Wall Street profit estimates for the third quarter, driven by strong demand from business clients [1] Group 1 - Expedia's third-quarter profit exceeded Wall Street expectations [1] - The company is experiencing robust demand from its business clients [1] - The revenue growth forecast for 2025 has been boosted as a result of these factors [1]

Expedia Group Reports Third Quarter 2025 Results Exceeded guidance with 12% bookings and 9% revenue growth y/y; expanded Adj. EBITDA margins Room nights up 11% y/y, driven by B2B and B2C strength in the U.S. Repurchased $451 million of shares in the quarter; declares dividend of $0.40 per share Increases full year guidance SEATTLE, WA – November 6, 2025 – Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2025. Third Quarter Highlights (All compari ...

Market Overview - Tokyo's Nikkei 225 index fell over 4% amid a broader decline in Asian markets following a retreat on Wall Street, primarily driven by selling in Big Tech shares [1] - The Nikkei index was down 2.8% by mid-afternoon, closing at 50,090.33 [1] Company Performance - SoftBank Group's shares dropped 9.8% due to concerns over its investments in artificial intelligence [2] - Tokyo Electron and Advantest Corp. saw declines of 4.1% and 7.2% respectively, reflecting negative sentiment in the tech sector [2] - Palantir Technologies fell 7.9% despite beating analysts' forecasts, indicating market volatility [5] - Nvidia and Microsoft also experienced declines of 4% and 0.5% respectively, contributing to the overall downturn in the tech sector [5] - Uber's stock slumped 5.1% despite reporting better-than-expected financial results, highlighting a disconnect between earnings and stock performance [6] Sector Analysis - The technology sector, which has been a significant driver of market gains this year, is facing pressure due to heavy selling on Wall Street [3] - The S&P 500 index fell 1.2% to 6,771.55, although it remains up over 15% for the year [5] - The Dow Jones Industrial Average decreased by 0.5% to 47,085.24, while the Nasdaq fell 2% to 23,348.64, indicating a broader market trend [6] Economic Context - The upcoming financial results from major companies like McDonald's, Expedia Group, and Qualcomm are expected to be significant for market direction amid a US government shutdown [7] - Consumer prices rose 3% in September, the highest increase since January, complicating the Federal Reserve's interest rate policy decisions [8] Other Notable Movements - Tesla's shares fell 5.1% after Norway's sovereign wealth fund announced it would vote against a proposed compensation package for CEO Elon Musk [9] - Yum Brands' stock jumped 7.3% following news of a potential sale of its struggling Pizza Hut unit [10] - Novo Nordisk's shares slipped 1.8% after raising its offer to acquire Metsera, which surged 20.5% amid a bidding war with Pfizer, which fell 1.5% [10]

Key Takeaways Expedia is set to report Q3 2025 earnings on Nov. 6, with revenues expected to rise 5.9% year over year.EXPE raised full-year guidance to 3-5% growth after observing improved travel demand momentum since July.The company has an Earnings ESP of 8.44% and Zacks Rank #3, suggesting potential for an earnings beat.Expedia Group (EXPE) is scheduled to report third-quarter 2025 results on Nov. 6.The Zacks Consensus Estimate for EXPE’s third-quarter 2025 revenues is pegged at $4.3 billion, indicating ...