Equities research analysts forecast that Expedia Group Inc (NASDAQ:EXPE) will report $3.17 earnings per share for the current fiscal quarter, Zacks reports. Twelve analysts have provided estimates for Expedia Group’s earnings. The highest EPS estimate is $3.43 and the lowest is $2.90. Expedia Group posted earnings of $2.51 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 26.3%. The firm is scheduled to report its next quarterly earnings results after the market closes on Thursday, October 25th.

On average, analysts expect that Expedia Group will report full-year earnings of $5.43 per share for the current fiscal year, with EPS estimates ranging from $4.95 to $5.75. For the next year, analysts forecast that the firm will report earnings of $6.31 per share, with EPS estimates ranging from $5.44 to $7.15. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Expedia Group.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, July 26th. The online travel company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.83. Expedia Group had a net margin of 2.54% and a return on equity of 9.48%. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.88 billion. During the same quarter in the prior year, the firm posted $0.89 earnings per share. Expedia Group’s revenue for the quarter was up 11.4% on a year-over-year basis.

Several equities analysts have issued reports on EXPE shares. SunTrust Banks restated a “buy” rating on shares of Expedia Group in a research note on Monday, July 2nd. Cowen set a $155.00 price objective on shares of Expedia Group and gave the company a “buy” rating in a research note on Friday, July 27th. BidaskClub downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Wednesday, September 5th. KeyCorp upped their price objective on shares of Expedia Group from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Citigroup increased their target price on shares of Expedia Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, July 30th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nineteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $147.87.

In related news, Director Susan C. Athey sold 1,547 shares of the firm’s stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $133.99, for a total value of $207,282.53. Following the completion of the sale, the director now owns 1,974 shares in the company, valued at $264,496.26. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Lance A. Soliday sold 3,269 shares of the firm’s stock in a transaction dated Friday, July 27th. The shares were sold at an average price of $138.07, for a total transaction of $451,350.83. Following the completion of the sale, the insider now owns 7,143 shares of the company’s stock, valued at approximately $986,234.01. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,316 shares of company stock valued at $1,125,813. 20.96% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in the stock. Mizuho Securities USA LLC purchased a new position in Expedia Group in the third quarter valued at about $300,000. Aperio Group LLC increased its holdings in Expedia Group by 8.8% in the third quarter. Aperio Group LLC now owns 63,116 shares of the online travel company’s stock valued at $8,235,000 after buying an additional 5,089 shares in the last quarter. BB&T Corp increased its holdings in Expedia Group by 83.9% in the third quarter. BB&T Corp now owns 7,185 shares of the online travel company’s stock valued at $938,000 after buying an additional 3,278 shares in the last quarter. Alta Capital Management LLC increased its holdings in Expedia Group by 4.8% in the third quarter. Alta Capital Management LLC now owns 207,421 shares of the online travel company’s stock valued at $27,064,000 after buying an additional 9,479 shares in the last quarter. Finally, Andra AP fonden increased its holdings in Expedia Group by 21.1% in the third quarter. Andra AP fonden now owns 21,800 shares of the online travel company’s stock valued at $2,844,000 after buying an additional 3,800 shares in the last quarter. Hedge funds and other institutional investors own 79.18% of the company’s stock.

NASDAQ EXPE traded down $0.12 during trading hours on Thursday, hitting $118.32. The company had a trading volume of 1,499,353 shares, compared to its average volume of 1,617,227. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group has a 1-year low of $98.52 and a 1-year high of $154.24. The company has a market capitalization of $17.70 billion, a PE ratio of 31.81, a P/E/G ratio of 1.67 and a beta of 1.34.

Expedia Group Company Profile

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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Earnings History and Estimates for Expedia Group (NASDAQ:EXPE)

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