Online travel agency Expedia (NASDAQ: EXPE) will be reporting results this Thursday after market hours. Here’s what to expect.
Expedia beat analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $3.79 billion, up 6.4% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and a decent beat of analysts’ number of room nights booked estimates. It reported 105.5 million nights booked, up 6.7% year on year.
Is Expedia a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Expedia’s revenue to grow 5.5% year on year to $4.29 billion, improving from the 3.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $6.95 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Expedia has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Expedia’s peers in the consumer internet segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Booking delivered year-on-year revenue growth of 12.7%, beating analysts’ expectations by 3.1%, and EverQuote reported revenues up 20.3%, topping estimates by 4.3%. Booking traded down 1.1% following the results while EverQuote was up 8.3%.
Read our full analysis of Booking’s results here and EverQuote’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer internet stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.7% on average over the last month. Expedia is down 5.3% during the same time and is heading into earnings with an average analyst price target of $227.03 (compared to the current share price of $212).
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