earnings
confidence high
sentiment positive
materiality 0.85
Expedia Q3 record revenue $3.9B (+9%); adj. EBITDA $1.2B (+13%); new $5B buyback
Expedia Group, Inc.
2023-Q3 EPS reported
$4.37
revenue$9,952,000,000
- Q3 revenue $3.93B (+9% YoY), record; net income $425M (-12% YoY); diluted EPS $2.87 (-3%).
- Adj. EBITDA $1.216B (+13%) w/110bps margin expansion; adj. net income $778M (+21%); adj. EPS $5.41 (+33%).
- Lodging gross bookings $18.5B (+8%); room nights 89.3M (+9%) - both record Q3.
- B2B revenue $995M record (+26%); B2C revenue growth accelerated >400bps sequentially.
- Board authorized new $5B share repurchase; YTD repurchases $1.8B (~17M shares).