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Expedia (EXPE) Stock Surges after Q4 Earnings Release

Expedia Inc EXPE just released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.56 per share (after excluding $0.65 in nonrecurring items) and revenues of $1.698 billion.

Currently, EXPE has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Expedia:                                                  

Missed earnings estimates. The company posted $0.56 per share, missing our Zacks Consensus Estimate of $0.89.

Beat revenue estimates. The company saw revenue figures of $1.698 billion, missing our estimate of $1.722 billion.

Gross bookings grew by 40% year-over-year.

As a percentage of revenues, total adjusted costs and expenses have increased from 80% to 84% over comparable quarters.

EXPE was up $12.62, or 13.38%, to $106.97 as of 5:07 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Expedia’s quarterly revenues growth.

 

 

Expedia, Inc. is one of the world's leading travel services companies. The company provides wholesale travel to offline retail travel agents. Expedia, Inc.'s main businesses and brands include: Expedia.com, Hotels.com, Hotwire, Expedia Corporate Travel, Trip Advisor and Classic Custom Vacations. Expedia, Inc.'s companies also operate internationally with sites in Canada, the United Kingdom, Germany, France, Italy, Netherlands and China, through its investment in eLong. Expedia was founded in 1996 and is based in Bellevue, Washington.

Check back later for our full analysis on Expedia’sfourth quarter earnings report!

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
EXPEDIA INC (EXPE): Free Stock Analysis Report
 
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