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 $4.05 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $4.02 on revenue of $3.56B.
Expedia shares are down 51.51% from the beginning of the year, still down 59.75% from its 52 week high of $217.72 set on February 16.
Expedia follows other major Consumer Discretionary sector earnings this month
Expedia's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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