earnings
confidence high
sentiment positive
materiality 0.85
Expedia Q2 beats: revenue $4.3B (+14%), GAAP EPS $7.16 (+188%), raises FY guidance
Expedia Group, Inc.
- Gross bookings $33.9B (+12% YoY); B2B bookings +21%, B2C +8%; room nights +6%.
- GAAP net income $878M (+166%); adjusted net income +29%; diluted EPS $7.16 vs $2.48.
- Adjusted EBITDA $1.1B (+23%), margin +196 bps; adjusted EPS $5.76 (+36%).
- Declared $0.48 quarterly dividend payable Sept 17, record Aug 27; repurchased $200M in Q2.
- Full-year guidance raised after exceeding high end of Q2 outlook.