Exploring Expedia Group's Earnings Expectations

Expedia Group (NASDAQ:EXPE) is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

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, ...