Investing.com - Expedia (NASDAQ:EXPE) (NASDAQ:EXPE) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.24 on revenue of $2.56B. Analysts polled by Investing.com forecast EPS of $1.08 on revenue of $2.54B. That compared to EPS of $0.84 on revenue of $2.32B in the same period a year earlier. The company had reported EPS of $3.65 on revenue of $3.28B in the previous quarter.
Expedia shares lost 0.91% to trade at $126.70 in after-hours trade following the report.
Expedia follows other major Services sector earnings this month
On January 30, Alibaba (NYSE:BABA) reported third quarter EPS of $12.19 on revenue of $117.28B, compared to forecasts of EPS of $10.72 on revenue of $79,858M.
Verizon (NYSE:VZ) earnings beat analyst's expectations on January 29, with fourth quarter EPS of $1.12 on revenue of $34.28B. Investing.com analysts expected EPS of $1.09 on revenue of $34.44B
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