Expedia Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Expedia Group, Inc. (NASDAQ:EXPE) is expected to report higher Q2 earnings at $2.32 per share, up from $1.96 per share a year ago. The company's revenue might reach $3.37 billion. However, Expedia shares fell 2.3% to close at $118.00 on Wednesday. Several analysts have recently adjusted their price targets for the company, with ratings ranging from Neutral to Buy.
August 04, 2023 | 12:35 pm
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Expedia is expected to report higher Q2 earnings, but its shares recently fell. Analysts' price targets and ratings vary, which could lead to uncertainty in the market.
The news directly pertains to Expedia and its upcoming Q2 earnings report. The higher expected earnings could positively impact the stock, but the recent fall in shares and varying analyst ratings could create uncertainty, potentially limiting any gains.
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