FMP
Feb 9, 2024 1:12 PM - Davit Kirakosyan
Image credit: FMP
Expedia (NASDAQ:EXPE) unveiled its fourth-quarter earnings, surpassing expectations in terms of earnings per share and revenue. However, the company fell short in gross bookings and free cash flow, leading to a 15% decline in its stock pre-market today.
In the fourth quarter, the travel technology firm achieved an earnings per share (EPS) of $1.72, exceeding the consensus estimate of $1.67. Expedia's revenue was reported at $2.89 billion, marginally higher than the expected $2.87 billion.
The company's retail revenue reached $1.96 billion, reflecting a 4.5% increase year-over-year, though it did not meet the anticipated $2.01 billion. On the other hand, its business-to-business (B2B) segment experienced a significant 28% growth year-over-year, generating $864 million and surpassing the forecast of $809.7 million.
Expedia reported a negative free cash flow of $415 million for the quarter, indicating a 16% increase in cash burn from the previous year and considerably below the expected negative $192.6 million.
Additionally, the company's gross bookings were $21.67 billion, falling short of the analysts' target of $22 billion.
Nov 8, 2024 5:30 AM - Sanzhi Kobzhan
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...