Expedia Group (EXPE) Scheduled to Post Quarterly Earnings on Thursday


Expedia Group (NASDAQ: EXPE – Get Rating) is set to post its quarterly earnings results after the market closes on Thursday, August 4th. Analysts expect Expedia Group to post earnings of $ 1.57 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Expedia Group (NASDAQ: EXPE – Get Rating) last announced its earnings results on Monday, May 2nd. The online travel company reported ($ 0.93) earnings per share for the quarter, missing the consensus estimate of ($ 0.69) by ($ 0.24). Expedia Group had a net margin of 4.87% and a return on equity of 11.93%. The business had revenue of $ 2.25 billion for the quarter, compared to the consensus estimate of $ 2.27 billion. During the same quarter in the previous year, the company earned ($ 2.59) EPS. On average, analysts expect Expedia Group to post $ 4 EPS for the current fiscal year and $ 7 EPS for the next fiscal year.

Expedia Group Price Performance

Shares of NASDAQ: EXPE opened at $ 103.76 on Thursday. The business has a 50 day moving average price of $ 107.70 and a 200 day moving average price of $ 154.96. Expedia Group has a twelve month low of $ 88.70 and a twelve month high of $ 217.72. The company has a market cap of $ 16.30 billion, a price-to-earnings ratio of 89.45, a PEG ratio of 1.60 and a beta of 1.61. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.16.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. The Goldman Sachs Group decreased their target price on Expedia Group from $ 206.00 to $ 173.00 and set a “buy” rating for the company in a research note on Thursday, June 9th. Evercore ISI reduced their price objective on Expedia Group from $ 222.00 to $ 154.00 and set an “in-line” rating for the company in a research report on Thursday, July 7th. Deutsche Bank Aktiengesellschaft raised their price objective on Expedia Group from $ 218.00 to $ 235.00 in a research report on Tuesday, May 3rd. JMP Securities reiterated a “mkt perform” rating on shares of Expedia Group in a research report on Wednesday, June 22nd. Finally, Benchmark raised their price objective on Expedia Group from $ 265.00 to $ 275.00 in a research report on Tuesday, May 3rd. Fourteen investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of “Hold” and an average target price of $ 191.30.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 376 shares of the firm’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total value of $ 46,669.12. Following the transaction, the chief accounting officer now directly owns 8,949 shares in the company, valued at approximately $ 1,110,749.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Monday, May 2nd. The stock was sold at an average price of $ 172.94, for a total value of $ 1,729,400.00. Following the transaction, the director now directly owns 252,112 shares in the company, valued at approximately $ 43,600,249.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 376 shares of Expedia Group stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total value of $ 46,669.12. Following the transaction, the chief accounting officer now owns 8,949 shares in the company, valued at $ 1,110,749.88. The disclosure for this sale can be found here. 5.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EXPE. Raymond James Trust NA lifted its holdings in Expedia Group by 17.6% during the first quarter. Raymond James Trust NA now owns 1,364 shares of the online travel company’s stock worth $ 267,000 after acquiring an additional 204 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Expedia Group by 6.2% in the first quarter. Dimensional Fund Advisors LP now owns 301,932 shares of the online travel company’s stock valued at $ 59,077,000 after purchasing an additional 17,680 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Expedia Group by 16.1% in the first quarter. Blair William & Co. IL now owns 6,052 shares of the online travel company’s stock valued at $ 1,184,000 after purchasing an additional 838 shares in the last quarter. Prudential PLC bought a new stake in shares of Expedia Group in the first quarter valued at about $ 397,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Expedia Group by 50.9% in the first quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock valued at $ 734,000 after purchasing an additional 1,265 shares in the last quarter. 96.08% of the stock is currently owned by institutional investors.

About Expedia Group

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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Earnings History for Expedia Group (NASDAQ: EXPE)



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