Expedia (EXPE) Announces CEO Change
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Citi Reiterates Neutral Rating on Expedia (EXPE), '4Q23 results were mixed'
February 9, 2024 6:08 AM ESTCiti analyst Jason Bazinet reiterated a Neutral rating and $155.00 price target on Expedia (NASDAQ: EXPE)
The analyst comments "Expedias 4Q23 results were mixed. Gross Bookings of $21.7 billion (+6% Y/Y) came in ~1% below consensus, revenue of $2.9 billion (+10% Y/Y) was in-line, and adjusted EBITDA of... More
Expedia's (EXPE) stock tumbles 12% on worse-than-expected gross bookings and FCF
February 8, 2024 4:13 PM EST(Updated - February 9, 2024 12:47 PM EST)
Expedia (NASDAQ: EXPE) reported better-than-expected FQ4 earnings and revenue but missed expectations for gross bookings and free cash flow.
The stock plummeted 12% in after-hours trading Thursday.
For the fourth quarter, the travel technology company posted earnings per share (EPS) of $1.72, topping the consensus estimate of $1.67. The company's revenue came in at $2.89 billion, slightly surpassing the projected $2.87 billion.
Expedia generated $1.96 billion in retail revenue, marking a 4.5% year-over-year increase, although it fell short of the expected $2.01 billion. Meanwhile, its business-to-business (B2B) segment saw a substantial 28% YoY growth,... More
