Expedia Q3 Earnings Mixed, Stock Seesaws
Expedia late Thursday reported a mixed Q3, with sales slightly missing views and earnings slightly beating, in its first financial report since acquiring rival online travel agency Orbitz on Sept. 17. Expedia (EXPE) reported Q3 revenue of $1.94 billion, up 16% from $1.66 billion in the year-earlier quarter. Earnings per share ex items rose 6% to $2.07. The company said the results included 14 days of Orbitz financials. Analysts polled by Thomson