Expedia Inc. (EXPE) is set to report first quarter 2013 results on Apr 25. Last quarter, it posted a 4.0% positive surprise. Let’s see how things are shaping up for this announcement.
Growth Factors This Past Quarter
Though Expedia’s revenue in the fourth quarter was down sequentially, a stronger travel market all over the world, contribution from [...]
On April 11, 2013 Concur Technologies, Inc. (CNQR) announced its new global partnership with Egencia, the business travel division of Expedia Inc. (EXPE). The strategic partnership is aimed to deliver an integrated travel and expense management service, making the process faster, easier and more accurate for mutual customers. Concur's existing platform of integrated travel and [...]
If the winter blues have you thinking of heading off to a warm, sunny destination, you might find a hotel, flight or car rental deal through the online travel site, Expedia (Nasdaq: EXPE). Expedia is the largest online travel agency in the United States, based on bookings. It generates the majority of its revenue from [...]
Expedia Inc. (EXPE) reported another good quarter, with earnings topping the Zacks Consensus Estimate by 12 cents, or 16.9% (the Zacks ESP, or expected surprise prediction was 11.3%). While expenses continued to increase, revenue growth outdid the impact, as well as the impact of a higher tax rate.
Investors bought enthusiastically, sending shares up 14.6% in [...]
John Thaler's hedge fund, JAT Capital Management, has filed its 13F with the SEC. Here's a look at the most important holdings in the portfolio. The fund is down over 20% as of June 30th
The top five listings in the portfolio are Apple Inc. (NASDAQ:AAPL), which occupies 12.4%, CBS Corporation (NYSE:CBS) at 9.91%, Expedia Inc (NASDAQ:EXPE) with 9.60%, eBay Inc (NASDAQ:EBAY) with [...]
It seemed like a great idea at the time. Leading travel portal Expedia (EXPE) spun off TripAdvisor (TRIP) -- the longtime hub of online travel reviews -- this past December.
Expedia would be able to focus on its strengths as a global booker of travel, and investors would be able to latch on to the [...]
Courtesy of Blain. Not much new as Europe is back in the spotlight to start the week. From today's TheBigPicture, "Once again, the pesky Europeans seem to be grabbing all of the attention again. Moody’s downgrades Cypress Cyprus, and the likelihood of that nation-state needing a bailout is near 100%. Spain makes it official request [...]
While the number of legal proceedings against online travel companies/agents (OTCs/OTAs) continues to increase, there are some positive trends in recent rulings. The wins in Texas and California courts are big positives for OTAs, such as Expedia (EXPE), Priceline.com (PCLN), Orbitz Worldwide (OWW) and Travelocity. Particularly Expedia, since the company is being held liable for [...]
Stock Performance:
Expedia, Inc. (NASDAQ:EXPE) jumped up by 0.75% and closed at $28.03 whereas overall traded volume stood at 3.45 million shares for the last Thursday closing session as compare to its average volume stood at 4.76 million. The share price is likely to move by 1.79 times against 1 point change in market index. The [...]
Took way to many small trades today, and closed shop after reaching a
$47 loss
. I seem to be fighting the whole market and getting off plan. I did miss the one big trade today on EXPE and I think that it cause me to try to fight back.
Had two winners in WFC for small gains and one loss.
Two losses on C.
One loss in HAS
Like the song says you got to know when to fold them. For me closing shop with a minimal loss is a winner for my confidence.
Time to go run the treadmill.
Expedia, Inc. (EXPE), one of the leading online travel companies in the world, solidly beat the Zacks Consensus Estimate in the second quarter, despite higher expenses. A stronger economy, increased travel spending by both individuals and corporations and international expansion are driving results.
Additionally, Egencia is turning around, posting strong results in the last quarter. The [...]
Expedia recently announced what looks like a promising partnership with Groupon. Groupon is creating a special section on its site called Groupon Getaways that will offer deep discounts to the tune of 50% on travel-related services by tapping Expedia's...
Sprint Nextel Corp. (NYSE: S): Stifel Nicolaus downgraded its rating on the company to Sell from Hold citing the company's upcoming unveiling of its 4G strategy, saying the announcement will be more expensive and complicated than previously expected. The firm argues increased level of capex will spur negative free cash flow trends which will linger for the next few years. The firm set a new $4.50 price target on the stock.
Citrix Systems (NASDAQ: CTXS): JP Morgan lowered its rating on...
__________________
The futures are indicating a weak open at the time of this writing, but if we see a gap down that is bought on Monday, then I think Expedia is a name to have high up on your watchlist. As you can see on the daily chart below, the st...
Expedia Inc. (NASDAQ: EXPE) reported late Thursday that its first quarter net income declined to $52 million, or 19 cents a share, from $59.4 million, or 20 cents a share, in the year-earlier quarter. On an adjusted basis, the company earned 25 cents per share in the latest quarter. Revenue rose 15% to $822.2 million from $717.9 million. Analysts, on average, expected the company to report earnings of 26 cents per share on revenue of $795.40 million.
Gross bookings increased 10% (9%...
Expedia Inc. (NASDAQ: EXPE) is scheduled to release its first-quarter earnings after the closing bell on Thursday, April 28, 2011. Analysts, on average, expect the company to report earnings of 26 cents per share on revenue of $795.40 million. In the year ago period, the company reported earnings of 26 cents per share on revenue of $717.92 million.
Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The Company...
It was a surprise to most analysts and I've gotta say that I was also surprised by the move. Expedia announced late last week that it was going to spin off Tripadvisor, as an independent company. For outsiders, Expedia is itself the result of a spinoff by IAC Interactive (IACI) a few years back, it [...]
After Expedia Inc completes its announced plan to split into two public companies this year, the spun-off TripAdvisor will likely find more favor on Wall Street than its former parent.
Shares of Expedia rose 13 percent on Friday as analysts hailed the online travel agency's separation plan as a way to [...]
Shares of online travel reservations firm Expedia (EXPE) are surging 11% after the company announced it will split itself into two separate publicly traded entities with the spin-off of its TripAdvisor business. The tax-free transaction will result in Expedia shareholders receiving an amount of TripAdvisor shares proportionate to their Expedia holdings.
The Dotcom Travel Stocks Index [...]
Las Vegas Sands Corp. (NYSE: LVS) edged lower in Friday's pre-market trading after the Wall Street Journal reported that Singapore's casino regulator said Friday that it has begun investigations into allegations about illegal activities in the city-state's two casino resorts and has asked Las Vegas Sands Corp. for more information.
After Wednesday's closing bell, Expedia, Inc. (NASDAQ: EXPE) announced that its Board of Directors has preliminarily approved a plan to separate Expedia,...
Shares of National Semiconductor (NYSE: NSM) jumped more than 72% in Monday's after-hours trading after it agreed to be acquired by Texas Instruments Incorporated (NYSE: TXN) for $25 per share in an all-cash transaction of about $6.5 billion.
Expedia, Inc. (NASDAQ: EXPE) rallied more than 5% after it announced tht it has signed a memorandum of understanding (MOU) with American Airlines, a wholly owned subsidiary of AMR Corporation, that will allow the two companies to resume doing...
The year surely got off on the wrong foot for travel site operator Expedia.com (Nasdaq: EXPE). On New Year's Day, AMR (NYSE: AMR), parent of American Airlines, announced it was pulling its flight information from Expedia's listing service. AMR's move was just the latest twist in an airline vs. website battle that started a few [...]
n February, online travel company Expedia (Nasdaq:EXPE) announced it missed fourth quarter earnings estimates by $0.02 or 6.1%. The news sent its stock down 12.5% and it hasn't recovered those losses in the month since. Back in August 2005, Expedia became a public company for the second time when IAC/Interactive (Nasdaq:IACI) [...]
Expedia's stock took a hit in the markets dropping almost 17% on the release of its FY 2010 earnings on February 10. The response was largely on account of the overall decline in the company's EBITDA margin from over 32% in 2009 to around 25% by the en...
Expedia Inc. (NASDAQ: EXPE): Citigroup on Tuesday upgraded its rating on Expedia from Hold to Buy. The firm maintained its $29 price target.
Nvidia (NASDAQ: NVDA): JP Morgan this morning upgraded its rating on the stock to Neutral from Underweight, citing valuation.
Qualcomm (NASDAQ: QCOM): BMO Capital on Tuesday lowered its rating on the company to Market Perform from Outperform.
GT Solar International, Inc. (NASDAQ: SOLR): Brean Murray this morning initiated...
Priceline, Inc. (PCLN) is the second largest online travel agency in the world after Expedia, Inc. (EXPE) and offers travel services over the Internet, including bookings for air tickets, hotel stays, car rentals, cruises and vacation packages.
What distinguishes Priceline from the rest is its proprietary Name Your Own Price service? While it does [...]
Recent price: 21.31$P/E Ratio: 13.673 months Target Price: 28$
Company DescriptionFor those who have not already heard about the company, Expedia, Inc., a former subsidiary of Microsoft, is one of...
Follow through to the website for more complete reports
Expedia Inc.’s (EXPE) fourth quarter earnings missed the Zacks consensus by 2 cents, or 6.1% on revenue that beat by 0.7%. Expedia beat the Zacks Consensus by an average 9.23% in the preceding four quarters. Therefore, this miss was a big disappointment, reflected in the 12.65% plunge in share prices in after-market trading yesterday.
Revenue
Revenue for [...]
A disappointing earnings report and some less-than-bullish analysts comments on a couple of names are weighing on online travel stocks today with the Dotcom Travel Stocks Index trading lower by 1.4%.
Expedia (EXPE) reported a fourth-quarter profit, excluding items, of 32 cents a share on revenue of $808.4 million, but investors are punishing Expedia for missing [...]
Expedia Inc. (NASDAQ: EXPE) is scheduled to release its fourth-quarter earnings after the closing bell on Thursday, February 10, 2011. Analysts, on average, expect the company to report earnings of 36 cents per share on revenue of $802.32 million. In the year ago period, the company reported earnings of 30 cents per share on revenue of $697.52 million.
Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The...
Earlier this week a small travel startup called Hipmunk got what was reported to be a $6 million venture round. I wasn't surprised. A friend had turned me on to Hipmunk a while back, and I loved it.
Aside from the whimsical name and catchy ads, Hipmunk is actually a new take on the stodgy [...]
The soap opera between AMR (AMR), parent of American, the third-largest U.S. airline, and select online travel reservations firms seemingly has no end as the airline is now saying it wants to work Expedia (EXPE) and Orbitz Worldwide (OWW) to resolve contract disputes that prompted American to disappear from the two Web sites.
Investors seem to [...]
Internet travel stocks are holding up well today despite news of downgrades for two of the group's marquee names with the Dotcom Travel Stocks Index mustering a gain of 1%, though that run does lag the S&P 500 in early afternoon trading.
Over the weekend, Expedia (EXPE) announced it was dropping AMR (AMR) fares and schedules [...]
DryShips Inc. (NASDAQ: DRYS) plunged by 7.04% to close at $5.55 with overall traded volume of 27.76 million shares in the last trading session. The company maintains strong short term liquidity position with current ratio of 7.86%.
Sirius XM Radio Inc. (NASDAQ: SIRI) went down by 3.73% and closed at $1.55 whereas total traded volume stood [...]
In a sign of solidarity in the online travel booking space, Expedia (EXPE), has made it a lot harder to find AMR (AMR) airline American's fares on its Web site, a change rolled out by Expedia after American pulled its fares from Orbitz Worldwide (OWW) last week.
All this news is good for some financial theater, [...]
This is one of the busiest times of year for travel and while there is no empirical evidence to suggest the holiday travel season is a good or bad time to own travel stocks, dotcom travel stocks are having a good day today with the Dotcom Travel Stocks Index jumping 0.3%, adding to its six-month [...]
Online travel stocks are higher as a group this morning after Jefferies initiated coverage of two of the group's more well-known names. That news has the Dotcom Travel Stocks Index, one of the more volatile tickerspy Indexes in November, gaining 0.9% this morning. The Index finished November with a gain of about 2%, but was [...]
Expedia Inc.’s (EXPE) second quarter earnings beat the Zacks Consensus by 38 cents or 69.1%, on revenue that beat by 5.1%. As a result, Expedia shares were up 3.29% in after-market trading yesterday.
Revenue
Revenue for the quarter was $987.9 million, up 18.5% sequentially and 15.9% year over year. Expedia’s results are indicative of secular growth trends [...]
Expedia (EXPE) was in negative territory after posting its third-quarter earnings on Friday, but that didn't stop select peers from moving higher.
Expedia earned $176.6 million, or 62 cents per share, in the three months ended September 30, compared to $117 million, or 40 cents per share, in the same period last year. Excluding one-time [...]
Expedia, Inc. (NASDAQ: EXPE) reported accelerating 3Q10 transaction growth of 14% y/y, leading to 17% y/y bookings growth, ahead of Benchmark's estimate.
“Net revenue of $988 million, up 16% y/y, topped consensus at $944 million as revenue margins recovered,” Benchmark writes. “OIBA growth of 15% to $294 million exceeded our $287 million estimate despite higher marketing costs. Adjusted EPS of $0.66 was $0.08 ahead of consensus, but included a $0.06 benefit from a lower tax...
Expedia, Inc. (NASDAQ: EXPE) gross bookings of $4.4B represented 16% growth, “compared to our 10% estimate and a slight acceleration from 15% growth in 2Q,” J.P. Morgan reports. The acceleration was helped by improved domestic room night growth vs. 2Q, and the company noted that ADR trends were more favorable than in the international segment; domestic airfares were also relatively stronger in 3Q.
J.P. Morgan said it now projects 14% domestic gross bookings growth in 4Q, up from...
Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) was downgraded by RW Baird from "neutral" to "underperform." HOT's shares closed at $55.17 yesterday Starwood Hotels & Resorts Worldwide's 52-week trading range is $27.51-$59.00.
Axis Capital Holdings Limited (NYSE: AXS) was downgraded by Deutsche Bank from "buy" to "hold." AXS' stock closed at $34.33 yesterday. Axis Capital's 52-week trading range is $26.68-$35.14.
Piper Jaffray downgraded Expedia Inc (NASDAQ: EXPE) from "overweight" to...
Some of the stocks that may grab the investor focus today are:
Microsoft Corp (NASDAQ: MSFT) posted a 52% y/y surge in its Q1 profit. MSFT shares jumped 3.42% to $27.18 in after-hours trading.
Wall Street expects Merck & Co Inc (NYSE: MRK) to report its Q3 EPS at $0.83. MRK shares moved up 0.03% to $36.95 in the after-hours trading session.
Expedia Inc (NASDAQ: EXPE) posted a 51% y/y jump in its Q3 earnings. The company's adjusted earnings beat the analysts' expectations. EXPE shares...
Online travel company Expedia (NASDAQ: EXPE) released its Q3 earnings results after the closing bell on Thursday. The company reported a 51% increase in its earnings to $176.6 million or $0.62 per share, compared to $117 million or $0.40 per share, in the year ago period.
Revenues rose by 16% to $987.9 million. Wall Street analysts' had expected the company to report EPS of $0.62 per share on revenues of $944 million. In the after hours trading session, EXPE shares have gained 1.92% to...
Below are the top general entertainment stocks on the NYSE and the NASDAQ in terms of gross margin.
The trailing-twelve-month gross margin at Orbitz Worldwide Inc (NYSE: OWW) is 80.58%. OWW's revenue for the same period is $742.29 million.
The trailing-twelve-month gross margin at Expedia Inc (NASDAQ: EXPE) is 79.32%. EXPE's quarterly earnings jumped 179.40% y/y.
The trailing-twelve-month gross margin at priceline.com Incorporated (NASDAQ: PCLN) is 57.6%. PCLN's quarterly earnings...
On CNBC's Fast Money, Mike Khouw suggested investors to consider an options strategy that will help them to protect their long position in Expedia, Inc. (NASDAQ: EXPE).
He said that a purchase of put options would not be a good idea, because a lot of people are buying puts, and their price is already inflated. Mike Khouw recommended investors to sell the November 29 call and collect $1.30. He noted that Expedia (EXPE) moves 5% on average on earnings.
Expedia (EXPE) gained 1.10% today,...
Shares of Expedia, Inc. (NASDAQ: EXPE) are higher on the session by 1.41%, trading at $28.68. The stock has been moving largely higher over the past four months and is currently consolidating above the 50-day and 200-day moving averages.
Options traders are buying puts on EXPE today. A short while ago the November $30.00 put was purchased 4,000 times, on the offer, on open interest of only 107 contracts. This signals new positioning on the name. The Nov $29 put is also seeing 2,600...