Expedia: Q4 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Expedia Inc. (EXPE) on Thursday reported fourth-quarter net income of $132 million.

The Seattle-based company said it had profit of 92 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.72 per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.

The online travel company posted revenue of $2.89 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $2.88 billion.

For the year, the company reported profit of $797 million, or $5.31 per share. Revenue was reported as $12.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPE at https://www.zacks.com/ap/EXPE