Expedia Group (EXPE) Expected to Announce Quarterly Earnings on Thursday

Expedia Group (NASDAQ:EXPE) will likely be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Expedia Group to post earnings of $2.06 per share and revenue of $3.07 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The firm had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same quarter last year, the firm posted $4.85 EPS. On average, analysts expect Expedia Group to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Expedia Group Trading Down 0.7 %

EXPE opened at $168.47 on Wednesday. Expedia Group has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a fifty day moving average of $182.97 and a 200-day moving average of $159.53. The stock has a market cap of $21.62 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 0.77 and a beta of 1.82. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Jefferies Financial Group lifted their target price on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. UBS Group boosted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. Finally, Wells Fargo & Company dropped their target price on shares of Expedia Group from $172.00 to $168.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and an average price target of $177.75.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,951 shares of company stock worth $5,174,510. 6.80% of the stock is owned by company insiders.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.