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Expedia announced earnings per share of $1.96 on revenue of $3.18B. Analysts polled by Investing.com anticipated EPS of $1.58 on revenue of $3B.
Expedia shares are down 43.45% from the beginning of the year, still down 53.06% from its 52 week high of $217.72 set on February 16. They are under-performing the Nasdaq which is down 18.69% from the start of the year.
Expedia shares gained 5.07% in after-hours trade following the report.
Expedia’s report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
