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Kritika Sarmah

What You Need to Know Ahead of Expedia's Earnings Release

EXPE Expedia

Based in Seattle, Washington, Expedia Group, Inc. (EXPE) is a global travel and hospitality industry leader. It is renowned for its extensive portfolio of brands and services, including Expedia, Hotels.com, Vrbo, and Travelocity. With a market cap of $21.8 billion, Expedia is recognized for its innovation, user-friendly platforms, and commitment to providing seamless travel experiences. EXPE is scheduled to announce its fiscal Q3 earnings results after the market closes on Thursday, November 7.

Ahead of the event, analysts expect EXPE to report a profit of $5.42 per share, up 11.8% from $4.85 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Expedia's adjusted EPS of $2.86 per share for the last reported quarter surpassed the consensus estimate by 12.6%. 

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