earnings
confidence high
sentiment negative
materiality 0.75
Expedia Q2 revenue $3.56B +6%, room nights +10%; warns of slower July, adjusts outlook
Expedia Group, Inc.
2024-Q2 EPS reported
$1.79
revenue$6,447,000,000
- Q2 revenue $3.56B (+6% YoY), net income $386M, diluted EPS $2.80.
- Room nights grew 10% to 98.9M; Brand Expedia room nights up nearly 20%.
- Gross bookings $28.8B (+6%); B2B revenue $1.0B (+22%).
- Adjusted EBITDA $786M (+5%), adjusted EPS $3.51 vs $2.89 YoY.
- CEO cites more challenging macro in July; company adjusting expectations for rest of year.