Alert: New Earnings Report (11/2/23)-Expedia Group Inc (NASDAQ: EXPE).

out_logo_500#28999.jpg

Expedia Group Inc (NASDAQ: EXPE) has reported E.P.S. of $2.98 for its third fiscal quarter (ending September 30) versus $3.05 for the same period a year ago — a decline of -2%. This performance was $-2.01 short of the consensus estimate of $4.99. For the latest four quarters through September 30, E.P.S. were $5.65 compared to $2.91 a year ago — an increase of 94%.

out_etable#28999.jpg

Recent Price Action

out_mm#28999.jpg
On 11/2/23, Expedia Group Inc (NASDAQ: EXPE) stock increased 1.7%, closing at $94.84. Relative to the market the stock has been strong over the last nine months but has declined -1.2% during the last week.

Current PriceTarget Research Rating

EXPE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Expedia Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Expedia Group has a good Power Rating of 71 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*