Expedia Beats Q2 Estimates With $4.32 Billion Revenue as EPS Tops Views by 9.7%
Updated
Updated · Yahoo Finance Australia · Aug 11
Expedia Beats Q2 Estimates With $4.32 Billion Revenue as EPS Tops Views by 9.7%
1 articles · Updated · Yahoo Finance Australia · Aug 11
Summary
$4.32 billion in Q2 revenue rose 14% from a year earlier and beat analysts’ $4.17 billion estimate, while adjusted EPS of $5.76 also topped forecasts.
AI-driven personalization, supply partnerships and cost controls helped lift results, with bookings up 12%, room nights reaching 111.5 million and operating margin expanding to 18.5% from 12.8%.
Q3 revenue guidance of $4.70 billion came in slightly above expectations, and management said U.S. demand, APAC recovery and B2B momentum should support further growth.
Investor reaction was still negative as management flagged competitive pressure, softer Europe trends and moderating near-term margin expansion as Expedia increases B2B investment.