Expedia Group Q2 2024 Adj. EPS $3.51 Beats $3.06 Estimate, Sales $3.558B Beat $3.534B Estimate
Portfolio Pulse from Benzinga Newsdesk
Expedia Group (NASDAQ:EXPE) reported Q2 2024 adjusted EPS of $3.51, beating the $3.06 estimate by 14.71%. Sales were $3.558 billion, surpassing the $3.534 billion estimate by 0.67%. This represents a 21.45% increase in EPS and a 5.96% increase in sales compared to the same period last year.
August 08, 2024 | 8:03 pm
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Expedia Group reported strong Q2 2024 earnings, with adjusted EPS of $3.51 beating estimates by 14.71% and sales of $3.558 billion exceeding expectations by 0.67%. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with year-over-year growth, suggests strong financial health and positive market sentiment. This is likely to drive the stock price up in the short term.
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