Orbitz Worldwide, Inc. (OWW) Misses Q2 EPS by 1c; Guides Q3 Revs Below

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Orbitz Worldwide, Inc. (NYSE: OWW) reported Q2 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $200.98 million versus the consensus estimate of $207.77 million.

Gross bookings declined one percent year over year at reported rates. On a constant currency basis, gross bookings were up one percent in the quarter primarily driven by higher vacation package and hotel volume, higher air fares and a shift in air carrier mix, partially offset by lower air volume.

Sees Q3 2012 revenue of $197-$203 million, versus the consensus of $216.32 million.

For earnings history and earnings-related data on Orbitz Worldwide, Inc. (OWW) click here.

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