Investing.com - Expedia (NASDAQ:EXPE) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Expedia announced earnings per share of $3.56 on revenue of $2.96B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $2.72B.
Expedia shares are up 18.98% from the beginning of the year, still down 16.16% from its 52 week high of $187.90 set on March 18. They are under-performing the S&P 500 which is up 24.62% from the start of the year.
Expedia shares gained 5.66% in after-hours trade following the report.
Expedia follows other major Services sector earnings this month
Expedia's report follows an earnings missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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