Expedia's (EXPE) stock tumbles 12% on worse-than-expected gross bookings and FCF
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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 (EXPE) Announces CEO Change
February 8, 2024 4:01 PM ESTExpedia Group (NASDAQ: EXPE) today announced the appointment of Ariane Gorin as Expedia Groups CEO, effective as of May 13, 2024. Ms. Gorin will succeed Peter Kern, who has served as the Companys CEO since 2020. After completing his contract as CEO, Mr. Kern will continue to serve as the Companys Vice Chairman and member of the Board of Directors, working closely with Ms. Gorin to ensure a smooth transition. Ms. Gorin has also been elected to serve on the Companys Board of Directors.
Ms. Gorin has held various executive roles at Expedia Group... More
Expedia (EXPE) Tops Q4 EPS by 5c
February 8, 2024 4:01 PM ESTExpedia (NASDAQ: EXPE) reported Q4 EPS of $1.72, $0.05 better than the analyst estimate of $1.67. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.87 billion.
For earnings history and earnings-related data on Expedia (EXPE) click here.
... More