Investing.com - Expedia reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Expedia announced earnings per share of $1.96 on revenue of $3.18B. Analysts polled by Investing.com anticipated EPS of $1.58 on revenue of $3B.
Expedia shares are down 0% from the beginning of the year and are trading at $107.00 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 18.44% from the start of the year.
Expedia shares gained 4.70% in after-hours trade the report.
Expedia follows other major Consumer Discretionary sector earnings this month
Expedia's report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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