Expedia Group (NASDAQ:EXPE) issued its quarterly earnings data on Thursday, October 25th. The online travel company reported $3.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.12 by $0.53, RTT News reports. The business had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.29 billion. Expedia Group had a return on equity of 11.79% and a net margin of 4.04%. During the same period in the previous year, the firm posted $2.51 earnings per share.
Shares of NASDAQ:EXPE traded down $1.39 on Friday, reaching $124.04. 1,676,183 shares of the company traded hands, compared to its average volume of 2,240,065. Expedia Group has a fifty-two week low of $98.52 and a fifty-two week high of $139.77. The company has a market capitalization of $19.16 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 1.74 and a beta of 1.21. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 6th. Stockholders of record on Thursday, November 15th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.03%. Expedia Group’s dividend payout ratio (DPR) is presently 34.41%.
TRADEMARK VIOLATION NOTICE: This story was posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this story on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.baseballdailydigest.com/2018/11/10/expedia-group-expe-releases-earnings-results-beats-expectations-by-0-53-eps.html.
Expedia Group Company Profile
Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.
Read More: Bear Market – How and Why They Occur
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.