Expedia Group Inc (EXPE) Q2 2024 Earnings Report Preview: What To Expect

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Expedia Group Inc (EXPE, Financial) is set to release its Q2 2024 earnings on Aug 8, 2024. The consensus estimate for Q2 2024 revenue is $3.53 billion, and the earnings are expected to come in at $2.38 per share. The full year 2024's revenue is expected to be $13.79 billion and the earnings are expected to be $8.39 per share. More detailed estimate data can be found on the Estimates page.

Expedia Group Inc (EXPE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Expedia Group Inc (EXPE) have seen a downward revision from $13.84 billion to $13.79 billion for the full year 2024, and from $14.93 billion to $14.87 billion for 2025. Similarly, earnings estimates have been adjusted downward from $8.44 per share to $8.39 per share for the full year 2024, and from $11.50 per share to $11.38 per share for 2025.

Expedia Group Inc (EXPE, Financial) Reported History

In the previous quarter of March 31, 2024, Expedia Group Inc's (EXPE) actual revenue was $2.89 billion, which beat analysts' revenue expectations of $2.81 billion by 2.89%. Expedia Group Inc's (EXPE) actual earnings were -$0.99 per share, which beat analysts' earnings expectations of -$1.15 per share by 13.91%. After releasing the results, Expedia Group Inc (EXPE) was down by -15.25% in one day.

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Expedia Group Inc (EXPE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 28 analysts, the average target price for Expedia Group Inc (EXPE) is $147.57 with a high estimate of $200 and a low estimate of $118. The average target implies an upside of 25.55% from the current price of $117.54.

Based on GuruFocus estimates, the estimated GF Value for Expedia Group Inc (EXPE, Financial) in one year is $171.38, suggesting an upside of 45.81% from the current price of $117.54.

Based on the consensus recommendation from 34 brokerage firms, Expedia Group Inc's (EXPE, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.