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 $1.06 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $0.767 on revenue of $2.29B.
Expedia shares are up 9.3% from the beginning of the year and are trading at $208.13 , down-from-52-week-high.They are outperforming the S&P 500 which is down 5.52% from the start of the year.
Expedia shares gained 5.37% in after-hours trade the report.
Expedia follows other major Consumer Discretionary sector earnings this month
Expedia's report follows an earnings beat by Amazon.com on Thursday, February 3, 2022, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on Wednesday, January 26, 2022 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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