Expedia Earnings Estimates Boosted at FBR Capital Markets (EXPE)
Equities research analysts at FBR Capital Markets boosted their EPS estimates on shares of Expedia (NASDAQ:EXPE) in a research note issued to investors on Tuesday, Stock Ratings Network.com reports.
A number of other firms have also recently commented on EXPE. Analysts at S&P Equity Research upgraded shares of Expedia to a “buy” rating in a research note on Thursday, April 3rd. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Expedia in a research note on Wednesday, March 19th. Finally, analysts at EVA Dimensions upgraded shares of Expedia from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $72.23.
Shares of Expedia (NASDAQ:EXPE) opened at 70.205 on Tuesday. Expedia has a 1-year low of $45.69 and a 1-year high of $81.78. The stock’s 50-day moving average is $74.31 and its 200-day moving average is $65.69. The company has a market cap of $9.089 billion and a price-to-earnings ratio of 42.04.
Expedia (NASDAQ:EXPE) last released its earnings data on Thursday, February 6th. The company reported $0.92 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.06. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was up 18.2% on a year-over-year basis. On average, analysts predict that Expedia will post $3.80 earnings per share for the current fiscal year.
Expedia, Inc (NASDAQ:EXPE) is an online travel company.
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