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Expedia Group beats estimates and raises guidance, but Q4 outlook shows slowdown

The Wall Street Journal +2 · ·by G4L

EXPE Expedia Group Inc
$259.79 +2.37%
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  1. 1Expedia Group reported results with adjusted EPS of 5.2%, beating consensus.
  2. 2Expedia Group achieved revenue of $4.938 billion.
  3. 3Management warned of short-term B2B margin pressure including partner mix and CarTrawler acquisition costs.

So what's the key point?

Expedia Group reported earnings with adjusted EPS of 5.2%, which was higher than what analysts expected.

Source The Wall Street Journal +2 · View original ↗

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