From Barchart: 2024-11-08 07:49:00

Expedia Group (NASDAQ:EXPE) stock surged over 8% in after-hours trading following third-quarter earnings that beat analyst expectations. The company reported adjusted EPS of $6.13, slightly higher than the estimated $6.05, despite revenue missing at $4.06 billion versus $4.11 billion projected.

Gross bookings for Expedia increased by 7% year-over-year to $27.5 billion, with room nights booked growing by 9%. Brand Expedia experienced mid-teens growth. The B2B segment also performed well, with gross bookings up 19% and revenue rising 18% to $1.2 billion.



Read more at Barchart:: Expedia Shares Surge 8% on Q3 Earnings Beat