Analysts Expect Expedia Group Inc (EXPE) to Post $1.70 EPS

Analysts expect Expedia Group Inc (NASDAQ:EXPE) to report earnings per share (EPS) of $1.70 for the current quarter, according to Zacks Investment Research. Eleven analysts have issued estimates for Expedia Group’s earnings. The lowest EPS estimate is $1.46 and the highest is $1.96. Expedia Group reported earnings per share of $1.38 in the same quarter last year, which would indicate a positive year-over-year growth rate of 23.2%. The business is expected to report its next quarterly earnings results on Thursday, July 25th.

According to Zacks, analysts expect that Expedia Group will report full-year earnings of $6.95 per share for the current year, with EPS estimates ranging from $6.06 to $7.69. For the next fiscal year, analysts forecast that the firm will post earnings of $8.16 per share, with EPS estimates ranging from $6.94 to $8.90. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Expedia Group.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 2nd. The online travel company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.61) by $0.34. Expedia Group had a return on equity of 13.41% and a net margin of 3.89%. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.69 billion. During the same quarter last year, the firm earned ($0.36) earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year.

EXPE has been the subject of a number of recent research reports. SunTrust Banks reiterated a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research note on Monday, February 4th. Telsey Advisory Group set a $125.00 price target on Expedia Group and gave the company a “hold” rating in a report on Friday, May 3rd. Vertical Group initiated coverage on Expedia Group in a report on Thursday, January 31st. They issued a “positive” rating for the company. Bank of America reissued a “buy” rating and issued a $148.00 price target (up previously from $142.00) on shares of Expedia Group in a report on Tuesday, February 5th. Finally, Credit Suisse Group increased their price target on Expedia Group from $145.00 to $150.00 in a report on Friday, February 8th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $146.90.

In other Expedia Group news, insider Mark D. Okerstrom sold 5,531 shares of the stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $128.65, for a total transaction of $711,563.15. Following the transaction, the insider now owns 69,813 shares of the company’s stock, valued at approximately $8,981,442.45. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 20.96% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in EXPE. Norges Bank bought a new position in Expedia Group during the 4th quarter worth approximately $117,112,000. Artisan Partners Limited Partnership lifted its holdings in Expedia Group by 14.8% during the 1st quarter. Artisan Partners Limited Partnership now owns 6,683,552 shares of the online travel company’s stock worth $795,343,000 after buying an additional 860,708 shares during the last quarter. Boston Partners lifted its holdings in Expedia Group by 72.6% during the 4th quarter. Boston Partners now owns 1,321,220 shares of the online travel company’s stock worth $148,835,000 after buying an additional 555,640 shares during the last quarter. AJO LP bought a new position in Expedia Group during the 1st quarter worth approximately $58,408,000. Finally, Standard Life Aberdeen plc lifted its holdings in Expedia Group by 167.0% during the 4th quarter. Standard Life Aberdeen plc now owns 549,745 shares of the online travel company’s stock worth $62,875,000 after buying an additional 343,814 shares during the last quarter. 80.53% of the stock is currently owned by institutional investors.

Shares of EXPE stock traded up $1.00 during trading hours on Tuesday, reaching $117.48. The company had a trading volume of 1,410,321 shares, compared to its average volume of 1,631,929. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group has a twelve month low of $108.11 and a twelve month high of $139.77. The firm has a market cap of $17.30 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 1.64 and a beta of 0.96.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 23rd will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Wednesday, May 22nd. Expedia Group’s dividend payout ratio is presently 26.61%.

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, alternative accommodations, 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 and Estimates for Expedia Group (NASDAQ:EXPE)

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