Expedia Group Q4 2023 Adj EPS $1.72 Beats $1.68 Estimate, Sales $2.89B Beat $2.88B Estimate
Portfolio Pulse from Benzinga Newsdesk
Expedia Group reported Q4 2023 adjusted EPS of $1.72, surpassing the $1.68 estimate, with sales of $2.89B exceeding the $2.88B estimate, marking a 10.28% increase from the previous year.
February 08, 2024 | 9:01 pm
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Expedia Group's Q4 2023 earnings surpassed estimates with an adjusted EPS of $1.72 and sales of $2.89B, indicating a 10.28% YOY growth.
Expedia Group's earnings beat and sales surpassing estimates, coupled with a significant year-over-year growth, suggest a positive short-term impact on the stock. The better-than-expected financial performance indicates strong operational efficiency and demand, likely boosting investor confidence and potentially leading to a positive price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100