Investing.com - Expedia (NASDAQ:EXPE) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Expedia announced earnings per share of $-2.64 on revenue of $920M. Analysts polled by Investing.com anticipated EPS of $-1.95 on revenue of $1.12B.
Expedia shares are up 13.16% from the beginning of the year, still down 2.24% from its 52 week high of $153.26 set on February 11. They are outperforming the Nasdaq which is up 8.83% from the start of the year.
Expedia follows other major Services sector earnings this month
Expedia's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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