Analysts expect Expedia Group to report an earnings per share (EPS) of $6.04.
Anticipation surrounds Expedia Group's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.48, leading to a 10.21% increase in the share price the following trading session.
Here's a look at Expedia Group's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
3.03
-0.24
1.68
4.99
EPS Actual
3.51
0.21
1.72
5.41
Price Change %
10.0%
-15.0%
-18.0%
19.0%
Performance of Expedia Group Shares
Shares of Expedia Group were trading at $164.87 as of November 05. Over the last 52-week period, shares are up 51.07%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Take on Expedia Group
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Expedia Group.
Analysts have provided Expedia Group with 20 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $146.0, ...
