Expedia Group (NASDAQ:EXPE) Announces Earnings Results, Beats Expectations By $0.53 EPS

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%.

A number of equities research analysts have weighed in on EXPE shares. Zacks Investment Research upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Wednesday, August 1st. SunTrust Banks restated a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research report on Wednesday, September 5th. Deutsche Bank cut their target price on Expedia Group from $147.00 to $146.00 and set a “buy” rating for the company in a research report on Tuesday, October 23rd. Cowen set a $135.00 target price on Expedia Group and gave the stock a “buy” rating in a research report on Monday, October 22nd. Finally, Oppenheimer set a $155.00 target price on Expedia Group and gave the stock a “buy” rating in a research report on Tuesday, October 23rd. Twelve analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Expedia Group currently has an average rating of “Buy” and a consensus price target of $147.67.

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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.

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Earnings History for Expedia Group (NASDAQ:EXPE)

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