Expedia Surges Near Buy Point As Booking Growth Fuels Earnings Beat

Blockhead
07 Feb

Expedia stock is setting up to rally near a buy point early Friday. The travel firm late Thursday reinstated its dividend and cleared Q4 estimates as bookings accelerated. Expedia (EXPE) reported a 39% increase in earnings to $2.39 per share adjusted on 10% revenue growth to $3.18 billion. FactSet analysts expected earnings of $2.09 per share on $3.07 billion in…

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