Expedia Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Expedia Group Inc EXPE.OQ reported quarterly adjusted earnings of $4.24​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.51. The mean expectation of twenty nine analysts for the quarter was for earnings of $4.10 per share. Wall Street expected results to range from $3.48 to $6.66 per share.

• Revenue rose 6.4% to $3.79 billion from a year ago; analysts expected $3.71 billion.

• Expedia Group Inc's reported EPS for the quarter was $2.48​.

• The company reported quarterly net income of $330 million.

• Expedia Group Inc shares had risen by 9.8% this quarter and lost 0.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 20 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"

• Wall Street's median 12-month price target for Expedia Group Inc is $194.00, about 3.3% above its last closing price of $187.61

This summary was machine generated from LSEG data August 8 at 03:13 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)