Expedia, Inc. Q1 2016 Earnings Release Available on Company's IR Site
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Go back to Expedia, Inc. Q1 2016 Earnings Release Available on Company's IR Site
April 29, 2016 6:55 AM EDT
Piper Jaffray analyst Michael Olson reiterated an Overweight rating and boosted his price target on Expedia (NASDAQ: EXPE) to $147.00 (from $140.00) following Q1 results with EBITDA materially above the consensus.
Olson commented, "Expedia reported significant (37%) EBITDA upside to consensus in Q1, with solid... More
April 28, 2016 4:12 PM EDT
Expedia (NASDAQ: EXPE) reported Q1 EPS of $0.09, $0.15 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.84 billion.
Room nights stayed increased 37% year-over-year, with domestic and international room nights growing 32% and 44% year-over-year, respectively.
Gross bookings increased 32% and revenue increased... More
