Expedia Price Targets Cut After Q4 Earnings Miss

By | February 6, 2015

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Expedia (EXPE) stock plunged Friday, after the global online travel agency late Thursday reported fourth-quarter earnings and revenue that missed views on adverse currency factors and China-unit losses. Some analysts cut their price target on the stock. Bellevue, Wash.-based Expedia earned 86 cents a share excluding items, down 7% from the year-earlier quarter and 15 cents below the average estimate of 25 analysts polled by Thomson Reuters. Sales Scalper1 News

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