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Expedia’s 4Q Earnings Miss Estimates
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Description
Earnings HQ: FBN’s Adam Shapiro breaks down EXPE’s fourth-quarter earnings report.
- Duration 0:38
- Date Feb 5, 2013
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Transcript
This transcript is automatically generated
Earnings hold on because we do wanna find out what -- really loves but Adam Expedia -- Yet -- Expedia isn't missing of their earnings per share came minutes 63 cents street expecting 65 cents revenue however is a big -- 974.
Point nine million mystery was expecting 930 million.
And one thing to keep in mind to room nights grew 33%.
Gross bookings.
19% in the fourth quarter might be one of the reasons the street is reacting positively right now.
At how about air tickets sold grew by 12% worldwide air revenue increasing 10% these are double digit percentage gains here.
Not a surprise that you're seeing this stock moving markedly higher in the after market session thank you Adam.
