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Expedia (EXPE) Stock Soars on Q1 Earnings & Revenue Beats

Expedia, Inc. EXPE just released its first quarter fiscal 2016 earnings results, posting earnings of $-0.17 per share and revenue of $1.9 billion.  

Currently, EXPE has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.


1. Beat earnings estimates. The company posted earnings of $-0.17, topping our Zacks Consensus Estimate of $-0.32 (this number excludes $0.64 from non-recurring items).

2. Beat revenue estimates. The company saw revenue figures of $1.9 billion, surpassing our consensus estimate of $1.822 billion and reflecting a positive 38.7% year-over-year change.

3. Room nights stayed increased 37% year-over-year, with domestic and international room nights growing 32% and 44% year-over-year, respectively.

4. Expedia added more than 13,000 properties to its global lodging portfolio, bringing its total property count to over 282,000 available on Expedia, Inc. sites, an increase of 23% year-over-year.

5. EXPE was up $14.44, or 13.50%, to $121.43 as of 4:40 PM ET in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at Expedia’s street EPS and surprise percent:

Expedia, Inc. is one of the world's leading travel services companies. The company provides wholesale travel to offline retail travel agents. Expedia, Inc.'s main businesses and brands include:,, Hotwire, Expedia Corporate Travel, Trip Advisor and Classic Custom Vacations. Expedia, Inc.'s companies also operate internationally with sites in Canada, the United Kingdom, Germany, France, Italy, Netherlands, and China through its investment in eLong.

Check back later for our full analysis on Expedia’s first quarter earnings report!

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EXPEDIA INC (EXPE): Free Stock Analysis Report
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