FMP
Feb 9, 2024 1:12 PM - Davit Kirakosyan
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.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...