Expedia Group (EXPE) Scheduled to Post Earnings on Thursday

Expedia Group (NASDAQ:EXPE) is scheduled to post its quarterly earnings results after the market closes on Thursday, August 5th. Analysts expect Expedia Group to post earnings of ($1.15) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link. Expedia […]

Expedia Group (NASDAQ:EXPE) is scheduled to post its quarterly earnings results after the market closes on Thursday, August 5th. Analysts expect Expedia Group to post earnings of ($1.15) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, May 6th. The online travel company reported ($2.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.86) by $0.84. Expedia Group had a negative net margin of 44.59% and a negative return on equity of 46.51%. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the business earned ($1.83) EPS. The company’s revenue was down 43.6% compared to the same quarter last year. On average, analysts expect Expedia Group to post $-2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NASDAQ:EXPE opened at $163.19 on Thursday. The firm has a 50-day moving average price of $167.10. The company has a market cap of $23.98 billion, a PE ratio of -11.69 and a beta of 1.75. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.15. Expedia Group has a fifty-two week low of $76.75 and a fifty-two week high of $187.93.

A number of analysts recently commented on EXPE shares. UBS Group lifted their target price on shares of Expedia Group from $150.00 to $165.00 and gave the stock a “neutral” rating in a research note on Friday, May 7th. Citigroup lifted their target price on shares of Expedia Group from $160.00 to $179.00 in a research note on Wednesday, May 12th. Wolfe Research began coverage on shares of Expedia Group in a research note on Wednesday, March 31st. They issued a “peer perform” rating and a $170.00 target price for the company. Truist raised their price target on shares of Expedia Group from $170.00 to $237.00 in a research report on Monday, April 19th. Finally, Wells Fargo & Company raised their price target on shares of Expedia Group from $215.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, May 7th. Thirteen analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Expedia Group currently has a consensus rating of “Buy” and a consensus price target of $175.83.

(Ad)

Tesla is facing a critical lithium shortage. Could this company be the next Tesla savior?

In related news, CAO Lance A. Soliday sold 262 shares of the business’s stock in a transaction dated Tuesday, May 18th. The shares were sold at an average price of $170.13, for a total value of $44,574.06. Following the sale, the chief accounting officer now directly owns 7,601 shares in the company, valued at approximately $1,293,158.13. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Eric M. Hart sold 53,907 shares of the business’s stock in a transaction dated Friday, May 14th. The shares were sold at an average price of $170.00, for a total transaction of $9,164,190.00. Following the completion of the sale, the chief financial officer now owns 30,055 shares in the company, valued at $5,109,350. The disclosure for this sale can be found here. In the last three months, insiders have sold 169,769 shares of company stock worth $28,818,931. Corporate insiders own 2.20% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

Read More: How does a margin account work?

Earnings History for Expedia Group (NASDAQ:EXPE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: Options Trading – Understanding Strike Price

7 Sports Betting Stocks That Will Shine Beyond March Madness

One of the many consequences of the novel coronavirus was the shutdown of live sports. For sports-minded individuals, one of the events that were missed the most was the NCAA Basketball Tournament affectionately known as March Madness.

But in addition to missing the entertainment that sports provide, cities and states realized, if they didn’t already, that sports are an economic necessity.

Live sports may also be a key to their post-pandemic future. But this goes beyond hotels and restaurants.

Sports betting has become big business. Currently, 25 states and the District of Columbia have legalized sports betting either by statute or by ballot initiative. That list is likely to grow. Many states face budget deficits and want to legalize sports betting for the revenue that it could receive.

And this is about more than allowing gamblers to place bets via a sportsbook in a casino. The real driver for this is mobile sports betting. According to the American Gaming Association, over 47 million people are expected to place bets during the NCAA basketball tournament, with approximately one-third of those bets (17.8 million) being placed online.

To help you take advantage of this still-emerging trend, we’ve put together this special presentation. Here we’ll highlight seven sports betting stocks that should generate significant revenue during March Madness and beyond.

View the “7 Sports Betting Stocks That Will Shine Beyond March Madness”.

Maude Faigley

Next Post

United Road welcomes previous Avis, Daimler exec as SVP

Thu Jul 29 , 2021
PLYMOUTH, Mich. –  United Street wishes to be agile and nimble when it arrives to being a supplier of concluded motor vehicle transport logistics in North The united states. And the company’s newest executive has experience doing the job with big automotive marketplace brand names that wanted those people attributes. This […]