Investing.com - Expedia (NASDAQ:EXPE) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Expedia announced earnings per share of $1.24 on revenue of $2.75B. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $2.76B. That with comparison to EPS of $1.18 on revenue of $2.56B in the same period a year before.Expedia had reported EPS of $3.38 on revenue of $3.56B in the previous quarter.Analysts are expecting EPS of $-0.28 and revenue of $2.82B in the upcoming quarter.
Expedia shares are up 2.22% from the beginning of the year and are trading at $114.95 , down-from-52-week-high.They are under-performing the Nasdaq which is up 7.44% year to date.
Expedia shares gained 3.99% in after-hours trade the report.
Expedia follows other major Services sector earnings this month
Expedia's report follows an earnings beat by Amazon.com on Thursday, January 30, 2020, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Alibaba ADR had beat expectations on Thursday with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.84 on revenue of $158.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar