Expedia Group (NASDAQ:EXPE) Announces Earnings Results

Expedia Group (NASDAQ:EXPE) posted its quarterly earnings data on Wednesday. The online travel company reported $9.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.85 by $0.54, FiscalAI reports. Expedia Group had a net margin of 12.98% and a return on equity of 97.32%. The company had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the firm posted $7.57 earnings per share. The business’s quarterly revenue was up 11.9% on a year-over-year basis.

Here are the key takeaways from Expedia Group’s conference call:

• Expedia reported a strong third quarter, with gross bookings up 11%, revenue up 12%, and adjusted EBITDA margin expanding more than one percentage point. The company raised its full-year bookings and revenue outlook and now expects 180–200 basis points of adjusted EBITDA margin expansion.
• Management expects Q4 growth to moderate: gross bookings are forecast to rise 3.3%–5.2% and revenue 4%–5.7%, with adjusted EBITDA margin of 22.5%–23.5%. The outlook reflects softer demand, geopolitical disruptions, lapping prior-year B2B promotions, and the fall sale shifting into Q3.
• B2B bookings grew 19%, with double-digit growth across regions, and the company cited opportunities to expand with existing partners and add services such as car rentals and activities. Recent acquisitions and partner mix are putting some near-term pressure on B2B margins.
• Expedia said efficiency initiatives and AI are supporting margins: its Vrbo voice agent resolved more than 15% of inbound contacts in its first two months, while AI tools are improving marketing and product-development productivity. The company expects continued, though potentially slower, progress on cost efficiencies.
• Trailing 12-month free cash flow rose 25% to $3.7 billion, supporting shareholder returns. Expedia repurchased about $576 million of shares in Q3 and approximately $1.5 billion year to date.

Expedia Group Stock Performance

Shares of EXPE traded down $13.24 on Friday, reaching $259.24. 4,163,889 shares of the stock traded hands, compared to its average volume of 2,030,311. The firm has a market cap of $31.11 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of 0.76 and a beta of 1.39. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. Expedia Group has a 12 month low of $185.34 and a 12 month high of $342.00. The stock’s 50-day moving average price is $282.99 and its 200-day moving average price is $259.54.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be given a dividend of $0.48 per share. The ex-dividend date is Wednesday, November 18th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s payout ratio is currently 11.21%.

Key Stories Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Expedia beat analysts’ Q3 earnings and revenue estimates, with revenue up year over year. It also raised its 2026 outlook, citing B2B growth, strong travel demand and margin improvement. Expedia Group Q3 Earnings & Revenues Beat Estimates
• Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, payable December 10 to shareholders of record November 18. Expedia declares a dividend
• Neutral Sentiment: Analyst actions were mixed: Susquehanna and JPMorgan lowered their price targets while keeping neutral ratings; Cantor Fitzgerald raised its target, also maintaining a neutral rating. These changes indicate continued caution despite targets remaining above the share price. Susquehanna analyst action
• Negative Sentiment: The main overhang is Expedia’s below-par Q4 revenue and bookings forecast. Management pointed to softer demand and geopolitical uncertainty, raising concerns that travel-sector headwinds could persist near term. Reuters: Expedia shares slide after forecast fuels concerns
• Negative Sentiment: Travel stocks also faced a relative-sentiment headwind: Airbnb rallied after reporting faster growth and raising its outlook, while Expedia and Booking Holdings fell. Airbnb rally contrasts with Expedia and Booking

Analyst Ratings Changes

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. decreased their price target on Expedia Group from $330.00 to $315.00 and set a “neutral” rating for the company in a research note on Thursday. Morgan Stanley lowered shares of Expedia Group from an “equal weight” rating to an “underweight” rating and set a $235.00 target price for the company. in a research note on Wednesday, September 16th. Jefferies Financial Group raised their target price on shares of Expedia Group from $300.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Piper Sandler reissued a “neutral” rating and issued a $335.00 price target (up from $325.00) on shares of Expedia Group in a report on Thursday. Finally, Truist Financial cut their price objective on Expedia Group from $309.00 to $288.00 and set a “hold” rating for the company in a research report on Wednesday, September 30th. Eighteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $314.97.

Insider Buying and Selling

In related news, insider Robert Dzielak sold 3,003 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total value of $945,945.00. Following the sale, the insider owned 103,829 shares of the company’s stock, valued at $32,706,135. The trade was a 2.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Craig Jacobson sold 3,133 shares of Expedia Group stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director directly owned 29,832 shares of the company’s stock, valued at $9,800,408.64. This represents a 9.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,950 shares of company stock worth $3,881,995 in the last 90 days. 5.20% of the stock is owned by company insiders.

Expedia Group Company Profile

Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.

Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.