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Benzinga
103 days

Expedia Stock Trades Down On Q1 Revenue Miss: 'Weaker Than Expected Demand In The US'

1. Expedia reported Q1 revenue of $2.99 billion, missing estimates. 2. Earnings per share of 40 cents exceeded expectations of 29 cents. 3. Booked room nights rose 6% even with weakened US travel demand. 4. B2B and Advertising segments saw significant revenue growth of 14% and 20%. 5. Stock down 6.88% in after-hours trading, reflecting market reaction.

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FAQ

Why Bearish?

Despite positive EPS, missing revenue estimates and stock drop indicate investor concerns.

How important is it?

Earnings results and guidance impact investor outlook and stock performance directly.

Why Short Term?

Recent quarterly results affect immediate investor sentiment, with potential for rebound in long-term.

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