Expedia Reports Q4 Revenue, EPS Beats

The online travel agency reported strong growth and improved profitability.Expedia Group (EXPE 1.67%), a major online travel agency operator, outperformed analysts' expectations with the fourth-quarter report it released on Feb. 6. The company's adjusted earnings per share (EPS) of $2.39 outpacing the forecast of$2.09 by 14.4%. Revenues rose to $3.184 billion, exceeding the anticipated$3.070 billion. This strong performance was attributed to higher demand in the travel sector. Overall, the quarter was pos ...