Shares in Expedia slump after first-quarter numbers disappoint
By Abigail Townsend
Date: Friday 09 May 2025
(Sharecast News) - Shares in Expedia fell sharply on Friday, after first-quarter numbers at the online booking platform missed Wall Street estimates.
The Seattle-based travel firm - which owns Hotels.com, Vrbo and Trivago, among others - cited softer demand in the US as it posted a 3% uplift in revenues to $2.99bn. Gross bookings increased 4% to $31.45bn.
Analysts had been looking for revenues closer to $3.01bn.
The net loss widened to $200m from $135m, although adjusted earnings per share surged 90% on the back of strict cost management, to $0.40, comfortably ahead of forecasts.
Looking to the rest of 2025, Expedia said it expected revenues to grow by between 3% and 5% in the second quarter.
But it anticipated slower growth for the year as a whole, of between 2% and 4%. Revenues rose 7% year-on-year in 2024 to $13.69bn.
As at 1245 BST, the Nasdaq-listed stock had shed 10% in pre-market trading.
Ariane Gorin, chief executive, said: "We posted first-quarter bookings and revenue within our guidance range, despite weaker-than-expected demand in the US, drove bottom-line meaningfully above our guidance and made significant progress against our strategic priorities."
Looking to the rest of the year, she said Expedia remained "committed" to margin expansion and growing the top-line.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN