Expedia Earnings, Revenue miss in Q2


© Reuters. Expedia Earnings, Revenue miss in Q2

Investing.com – Expedia reported on Thursday second quarter that missed analysts’ forecasts and revenue that fell short of expectations.

Expedia announced earnings per share of $-4.09 on revenue of $566M. Analysts polled by Investing.com anticipated EPS of $-3.35 on revenue of $683.61M.

Expedia shares are down 21.45% from the beginning of the year and are trading at $84.94 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18% from the start of the year.

Expedia follows other major Services sector earnings this month

Expedia’s report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.38 on revenue of $81.09B.

Visa A had beat expectations on Tuesday with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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