Expedia Fourth Quarter Earnings Sneak Peek
S&P 500 (NYSE:SPY) component Expedia (NASDAQ:EXPE) will unveil its latest earnings on Tuesday, February 5, 2013. Expedia provides travel products and services to leisure and corporate travelers in the United States and abroad as well as various media and advertising offerings to advertisers.
Expedia Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for profit of 55 cents per share, a rise of 10% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 54 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 55 cents during the last month. Analysts are projecting profit to rise by 8.7% versus last year to $2.74.
Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of $1.22 per share versus a mean estimate of profit of $1.17 per share.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
A Look Back: In the third quarter, profit fell 18.2% to $171.5 million ($1.21 a share) from $209.5 million ($1.50 a share) the year earlier, but exceeded analyst expectations. Revenue rose 5.1% to $1.2 billion from $1.14 billion.