Tag Archives: expe

Expedia Q1 Earnings Coming Amid Higher Competition

Facing increased competition and foreign currency headwinds, global online travel agency Expedia (EXPE) is set to report declining Q1 earnings and revenue after the market close Thursday. The consensus analyst revenue estimate is $1.35 billion, up 12% from the year-earlier period and the third quarter in a row of deceleration. The consensus estimate on earnings per share minus items, as polled by Thomson Reuters, is 9 cents, down from 16 cents in

Expedia Report Reiterates Price Target Hike, Rating

Online travel giant Expedia’s (EXPE) core margin improvement has gone largely unnoticed and its Trivago brand remains underappreciated, two analysts conclude in a research report Tuesday, reaffirming a price target increase. Cowen & Co. analysts Kevin Kopelman and Andrew Marok updated clients about their April 2 report, “Sum of Parts Yields $115 Per Share, With Upside Potential,” in which they raised their price target to 115 from 90. Expedia

Expedia Booking Positive Reviews For Orbitz Buy

Online travel booking service Expedia (EXPE) has earned positive reviews from analysts for its planned purchase of rival Orbitz Worldwide. On Thursday, Expedia announced its intent to buy Chicago-based Orbitz (OWW) for $1.6 billion. The move comes just three weeks after Expedia bought Travelocity for $280 million. The acquisitions will give Expedia more ammunition to compete with market leader Priceline Group (PCLN). Expedia’s purchase of Orbitz