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 after 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.
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