Expedia exceeds expectations

Cashflow I. · 2025-02-06T21:33:22.245499Z

$EXPE reported adjusted earnings per share of USD 2.39, which exceeded analysts' estimates of USD 2.02 by USD 0.37. Revenue for the quarter amounted to USD 3.18 billion, which exceeded the expected USD 3.07 billion and marked an increase of 10% compared to the previous year. The company's total gross bookings increased 13% year-over-year in the fourth quarter. Overnight bookings increased by 12% year-on-year in the fourth quarter, while gross accommodation bookings increased by 12%, with hotel bookings up 14%. Both B2C and B2B bookings accelerated by five percentage points in the fourth quarter, reaching 9% and 24% respectively. The company's Adjusted EBITDA increased by 21% with a margin expansion of 175 basis points, while Adjusted EBIT increased by 50% with a margin improvement of 282 basis points. Expedia also announced the resumption of its quarterly dividend, declaring a payout of $0.40 per share beginning in March 2025. This action, along with the repurchase of over 12 million shares for $1.6 billion in 2024, underscores the company's commitment to shareholder returns.

$EXPE (-4.86%) reported adjusted earnings per share of USD 2.39, which exceeded analysts' estimates of USD 2.02 by USD 0.37.

Revenue for the quarter amounted to USD 3.18 billion, which exceeded the expected USD 3.07 billion and marked an increase of 10% compared to the previous year.

The company's total gross bookings increased 13% year-over-year in the fourth quarter.

Overnight bookings increased by 12% year-on-year in the fourth quarter, while gross accommodation bookings increased by 12%, with hotel bookings up 14%.

Both B2C and B2B bookings accelerated by five percentage points in the fourth quarter, reaching 9% and 24% respectively.

The company's Adjusted EBITDA increased by 21% with a margin expansion of 175 basis points, while Adjusted EBIT increased by 50% with a margin improvement of 282 basis points.

Expedia also announced the resumption of its quarterly dividend, declaring a payout of $0.40 per share beginning in March 2025. This action, along with the repurchase of over 12 million shares for $1.6 billion in 2024, underscores the company's commitment to shareholder returns.