Expedia (EXPE) Tops Q3 EPS by 3c

Expedia (NASDAQ: EXPE) reported Q3 EPS of $4.05, $0.03 better than the analyst estimate of $4.02. Revenue for the quarter came in at $3.62 billion versus the consensus estimate of $3.56 billion.

"The third quarter marked another period of robust travel demand despite the uncertain macroeconomic environment. We delivered strong financial performance with record quarterly revenue and adjusted EBITDA, which exceeded $1 billion for the first time. These results reflect our emphasis on driving topline growth while improving margins," said Peter Kern, Vice Chairman and CEO, Expedia Group. "Our active loyalty members and active app users are at all-time highs, reflecting our ongoing focus on enhancing our products, technology and consumer offerings to drive greater engagement with our travelers and a more direct and valuable base of business."

For earnings history and earnings-related data on Expedia (EXPE) click here.

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