Expedia’s Q1 Earnings Miss Expectations, Revenues Increase Y/Y
From Nasdaq: 2025-05-09 11:28:00
Expedia Group reported first-quarter 2025 adjusted earnings of 40 cents per share, 4.76% below estimates, but a 90.5% increase year over year. Revenues of $2.98 billion rose 3.4%, with B2B revenues up 13.7% and B2C down 1.5%. Advertising revenues saw a 20% jump.
Total gross bookings for Expedia Group were $31.5 billion, up 4% year over year. Lodging gross bookings grew 5% to $23.03 billion, with hotel bookings up 6%. Booked room nights rose 6% to 107.7 million.
In the first quarter, Expedia Group’s adjusted EBITDA was $296 million, a 16.1% increase year over year. Direct sales and marketing expenses were up 6.5%, while overhead expenses decreased by 1.1%. Adjusted EBIT decreased 65% to negative $21 million.
Expedia Group expects gross bookings and revenue growth in the 2-4% range for Q2 2025. For the full year, gross bookings and revenue growth are expected to be in the 2% to 4% range. The company anticipates an adjusted EBITDA margin expansion of 75-100 basis points year over year.
Expedia Group currently holds a Zacks Rank #3 (Hold). Other stocks in the Retail-Wholesale sector with a Zacks Rank #2 (Buy) include Alibaba, Costco Wholesale, and Canada Goose. Alibaba’s shares have gained 48.4% YTD, while Costco’s have risen by 10% and Canada Goose’s have fallen by 14%.
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