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.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...