Investing.com – Expedia (NASDAQ:) reported third quarter that missed analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.38 on revenue of $3.56B. Analysts polled by Investing.com anticipated EPS of $3.83 on revenue of $3.58B. That compared to EPS of $3.65 on revenue of $3.28B in the same period a year earlier. The company had reported EPS of $1.76 on revenue of $3.15B in the previous quarter.
Expedia shares lost 6.14% to trade at $127.00 in after-hours trade following the report.
Expedia follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analysts’ expectations on Friday, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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