earnings
confidence high
sentiment positive
materiality 0.75
Expedia Q3 beats expectations; CFO Julie Whalen to step down by Feb 2025
Expedia Group, Inc.
2024-Q3 EPS reported
$6.75
revenue$10,507,000,000
- Room nights grew 9% YoY to 97.4M; Brand Expedia mid-teens growth. Gross bookings $27.5B (+7%).
- Revenue $4.06B (+3%), net income $684M (+61%), diluted EPS $5.04 (+76%), adjusted EPS $6.13 (+13%).
- CFO Julie Whalen to step down effective upon successor appointment, expected before Feb 17, 2025; remains through transition.
- B2B gross bookings up 19% YoY; lodging bookings up 10%. Raised full-year guidance.
- Repurchased ~12M shares for $1.6B YTD through Q3.