Expedia (EXPE) Misses Q1 EPS by 2c
Expedia (NASDAQ: EXPE) reported Q1 EPS of $0.05, $0.02 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.14 billion.
Gross bookings, including HomeAway, increased $2.9 billion or 14% year-over-year to $23.6 billion. Revenue increased 15% year-over-year to $2.2 billion.
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Room nights stayed, including HomeAway, increased 12% year-over-year. Room nights booked, including HomeAway, increased 18% year-over-year.
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On a standalone basis, trivago® reached $286 million in revenue, an increase of 62% year-over-year.
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HomeAway delivered $185 million of revenue, representing an increase of 30% year-over-year.
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Egencia gross bookings reached $1.8 billion, an increase of 9% year-over-year. Egencia revenue increased 12% year-over-year to $123 million.
For earnings history and earnings-related data on Expedia (EXPE) click here.