Loading...
•
Sep 30, 2024
Expedia Q3 2024 Earnings Report
Expedia Group's Q3 2024 performance showed strength in room night growth and gross bookings, with revenue landing in-line with expectations and a CFO transition announced.
Key Takeaways
Expedia Group reported Q3 2024 results with booked room nights growing 9% and total gross bookings increasing 7% year-over-year. B2C gross bookings increased 3%, while B2B gross bookings rose 19%. Revenue grew 3% to $4.1 billion. The company announced a CFO transition, with Julie Whalen stepping down effective upon the appointment of her successor.
Booked room nights increased by 9% compared to the previous year, with Brand Expedia growing at mid-teens.
Total gross bookings grew by 7% compared to 2023, reaching $27.5 billion.
B2C gross bookings increased 3% year-over-year, accelerating from the prior quarter.
B2B gross bookings showed strong growth, increasing 19% year-over-year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Expedia Group raised its full-year guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...