Expedia Group (NASDAQ:EXPE) Issues Quarterly Earnings Results, Beats Estimates By $0.54 EPS

Expedia Group (NASDAQ:EXPE) posted its quarterly earnings data on Wednesday. The online travel company reported $9.39 EPS for the quarter, beating the consensus estimate of $8.85 by $0.54, FiscalAI reports. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.73 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $7.57 EPS.

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 Trading Up 10.5%

NASDAQ:EXPE traded up $30.11 during trading hours on Wednesday, hitting $315.88. The company had a trading volume of 4,346,424 shares, compared to its average volume of 1,493,151. Expedia Group has a 1 year low of $185.34 and a 1 year high of $342.00. The company has a market cap of $37.91 billion, a P/E ratio of 17.40, a P/E/G ratio of 0.69 and a beta of 1.39. The company has a 50-day moving average of $284.21 and a 200 day moving average of $259.60. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21.

Key Headlines Impacting Expedia Group

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

• Positive Sentiment: Expedia raised its 2026 revenue forecast to $16.37 billion–$16.43 billion from $16.05 billion–$16.22 billion, citing resilient demand. Reuters report
• Positive Sentiment: Third-quarter adjusted earnings were $9.39 per share, above the $8.85 consensus cited in the company results, while revenue of $4.94 billion topped estimates of $4.73 billion and grew 11.9% year over year. The earnings beat and higher sales indicate solid operating performance. MarketBeat earnings report
• Neutral Sentiment: CEO Ariane Gorin said travelers use AI agents increasingly for trip discovery, but still prefer booking with trusted travel brands. This points to a potential new customer-acquisition channel, though AI-driven planning has not yet translated into substantial bookings through those agents. PYMNTS article
• Negative Sentiment: Before the earnings release, UBS lowered its price target to $328 from $351 and maintained a neutral rating, signaling a more cautious analyst view. UBS rating update

Insider Transactions at Expedia Group

In other news, Director Craig Jacobson sold 3,133 shares of the business’s 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 owned 29,832 shares of the company’s stock, valued at approximately $9,800,408.64. The trade was a 9.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert Dzielak sold 3,003 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total transaction of $945,945.00. Following the transaction, the insider directly owned 103,829 shares in the company, valued at approximately $32,706,135. The trade was a 2.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,950 shares of company stock worth $3,881,995 in the last quarter. Company insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EXPE. Susquehanna upped their target price on shares of Expedia Group from $250.00 to $315.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Weiss Ratings raised shares of Expedia Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Melius Research set a $355.00 price target on shares of Expedia Group in a research report on Tuesday, October 20th. Finally, Wells Fargo & Company dropped their price objective on shares of Expedia Group from $307.00 to $275.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 7th. Eighteen equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $312.61.

About Expedia Group

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.