Tag Archives: expe

Priceline, Expedia, TripAdvisor: ‘Big 3’ Get Bigger

Priceline Group (PCLN), Expedia and TripAdvisor posted hotel demand gains and share growth in Q1, according to an analyst’s report on Monday. “Hotel industry demand remained strong on Q1 and the ‘Big 3’ in online travel — Priceline, Expedia (EXPE) and TripAdvisor (TRIP) — continued to take market share,” wrote Cowen & Co. analyst Kevin Kopelman in a Monday research note. “We estimate that the ‘Big 3’ will generate a combined $80 billion in hotel

Expedia Stock Flies Higher As Bookings Beat Views

Expedia’s (EXPE) stock jumped to a record high as the online travel services provider reported strong Q1 bookings, overcoming the currency headwinds that have hit many technology stocks during the earnings period. Shares in Expedia were up 8.4% to 102.13 in early afternoon trading in the stock market today, though the online travel firm late Thursday reported a Q1 per-share loss that missed estimates. Bellevue, Wash.-based Expedia said it lost 3

Expedia’s Adjusted EPS Misses, But Bookings Up 19%

Expedia’s (EXPE) adjusted earnings swung to a loss but the online travel agency topped revenue forecasts as it reported first-quarter results after hours Thursday. Shares hopped up 4.9% to 98.82 in late trading in the stock market today after briefly spiking above 104 after hours. The stock broke support at the 50-day line Thursday, closing down 2.1% to 94.23. Expedia hit a record 100.51 on April 24. The company said it lost 3 cents a share in