Expedia: revenues, profit was below expectations in Q1
Company Expedia has released on Wednesday the results report in the first quarter that disappointed analysts. Income figure fell short of forecasts.
The company announced earnings per share of $ -1,83 $, income was 2.21 B $. Analysts polled Investing.com, assumed in the projections that earnings per share will be -1,20 $, and the total income will be of 2.22 B $ compared to earnings per share -0,27 $ with a total revenue of 2.61 B $ in the same period a year earlier, the company reported earnings per share of $ 1,24 $ with a total revenue of 2.75 B $ in the previous quarter.
Shares of Expedia unchanged at 0.82% traded at 78,99 $ in after market close, according to the report.
This year the value of shares of Expedia fell to 26.35%, showed results worse than the average according to the S&P 500 index, falling 8% since the beginning of the year.
Company Expedia follows the General trend of companies in the sector of “Services” in this month
On 30 April, the company Amazon.com reported the first quarterly report of 5.01 $, profit was 75,45 B $, compared to forecasts of earnings per share in the amount of 6.16 $ at the total income 73,74 B $
A Visa revenues exceeded expectations of analysts in April 30 in the second quarter, quarterly earnings per share of 1.39 $ for a total profit of 5.85 B $ Analysts Investing.com earlier it was predicted that earnings per share will amount to 1.34 $, with a total income of 5.72 B $
Stay informed of all key financial developments in the economic calendar Investing.com.