The Expedia app on a smartphone arranged in Hastings-on-Hudson, New York, US, on Monday, July 31, 2023. Expedia Group Inc. is scheduled to release earnings figures on August 3. --
Room nights booked — a key metric in the travel industry — jumped 10 per cent to 98.9 million, exceeding estimates for 96.1 million nights. Second-quarter revenue increased 6 per cent to $3.56 billion, ahead of analysts’ average estimate of $3.53 billion. As a result of that tapering demand, Expedia is cutting its full-year gross bookings growth forecast to the low end of its previous guidance range to 4 per cent, Chief Financial Officer Julie Whalen said on a call with investors, while forecasting 6 per cent growth in annual revenue. She also expects third-quarter gross bookings and revenue to increase in the range of 3 per cent to 5 per cent compared with a year ago.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »