Expedia Soars 17% as Strong Travel Demand Fuels Ea…
From Financial Modeling Prep: 2025-02-07 12:40:00
Expedia Group (NASDAQ:EXPE) exceeded Q4 expectations with a 17% stock surge on strong travel demand. Earnings per share hit $2.39, beating estimates of $2.02. Revenue rose 10% to $3.18 billion, surpassing the forecasted $3.07 billion. Gross bookings increased 13% YoY, reflecting growth in Expedia’s travel ecosystem.
Lodging demand remained robust, with room nights and hotel bookings up 12% and 14% respectively from the previous year. Both B2C and B2B segments saw 5 percentage point growth in Q4, reaching 9% and 24% growth.
Expedia’s profitability improved significantly, with adjusted EBITDA up 21% and adjusted EBIT rising 50%. Margin expansion of 175 basis points and 282 basis points were also achieved, showing strong financial performance.
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