Expedia announced earnings per share of $-1.83 on revenue of $2.21B. Analysts polled by Investing.com anticipated EPS of $-1.2 on revenue of $2.22B. That with comparison to EPS of $-0.27 on revenue of $2.61B in the same period a year before. Expedia had reported EPS of $1.24 on revenue of $2.75B in the previous quarter. Analysts are expecting EPS of $-1.7 and revenue of $1.3B in the upcoming quarter.
Expedia shares are down 26.35% from the beginning of the year , still down 44.69% from its 52 week high of $144.00 set on July 26, 2019. They are under-performing the S&P 500 which is down 8.43% year to date.
Expedia shares lost 0.82% in after-hours trade following the report.
Expedia’s report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
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