Expedia Earnings: Here’s Why Shares are Up Now

Expedia Inc. (NASDAQ:EXPE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 4.66%.

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Expedia Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 3.85% to $0.25 in the quarter versus EPS of $0.26 in the year-earlier quarter.

Revenue: Rose 23.99% to $1.01 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Expedia Inc. reported adjusted EPS income of $0.25 per share. By that measure, the company beat the mean analyst estimate of $0.23. It beat the average revenue estimate of $965.73 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 3.85% from $974.86 million in the previous quarter. EPS decreased 60.32% from $0.63 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.02 to a profit $0.94. For the current year, the average estimate has moved down from a profit of $3.67 to a profit of $3.48 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)