BUZZ-Expedia Group rises after fourth-quarter results beat

Reuters
02-07
BUZZ-<a href="https://laohu8.com/S/EXPE">Expedia</a> Group rises after fourth-quarter results beat

** Online travel platform Expedia Group's shares EXPE.O rise ~10% to $189.79 premarket

** On Thursday, EXPE beat quarterly profit and revenue estimates on the back of strong international travel demand

** Q4 adj profit of $2.39 per share came above analysts' estimate of $2.04, according to data compiled by LSEG

** Q4 revenue of $3.18 bln beat estimates of $3.07 bln

** Analysts at J.P. Morgan say EXPE exiting 2024 on a "high note"

** Brokerage says look for "signs of sustained improvement in (EXPE) execution" in 2025 as "online travel is very competitive and growth rates can be volatile"

** " ... healthy travel demand bodes well for Booking Holdings BKNG.O and Airbnb ABNB.O reporting later this month" - JPM

** Six brokerages rate EXPE "strong buy", six "buy" and 25 "hold"; their median PT is $190.46 - LSEG

** As of last close, stock had fallen 7.4% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10