Expedia Q4 Earnings, Beat On Hotel Room Growth

By | February 6, 2014

Scalper1 News

Expedia (EXPE) rocketed late Thursday after the online travel agency issued fourth-quarter earnings and revenue that beat analyst forecasts on strong hotel room night growth. Bellevue, Wash.-based Expedia earned 92 cents a share excluding options expenses, amortization and other items, up 46% from 63 cents a year earlier. That was 6 cents above the average estimate of 29 analysts polled by Thomson Reuters. Revenue rose 18% to Scalper1 News

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