Investing.com - Expedia reported on Monday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Expedia announced earnings per share of $-0.47 on revenue of $2.25B. Analysts polled by Investing.com anticipated EPS of $-0.4755 on revenue of $2.25B.
Expedia shares are down 3.27% from the beginning of the year , still down 19.71% from its 52 week high of $217.72 set on Wednesday, February 16, 2022. They are outperforming the Nasdaq which is down 19.87% year to date.
Expedia shares lost 0.47% in after-hours trade the report.
Expedia follows other major Consumer Discretionary sector earnings this month
Expedia's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
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