Expedia shares jump on Q3 earnings beat

Travel‑booking giant Expedia Group Inc. (NASDAQ: EXPE) delivered a strong third quarter, outperforming Wall Street expectations and sending its stock up roughly 17% early on Friday. Revenue climbed 9% year‑over‑year to US $4.41 billion, topping consensus of US $4.28 billion. Adjusted earnings per share reached US $7.57, beating the US $7.21 estimate. Gross bookings grew 12% to US $30.73 billion, driven by robust business‑to‑business (B2B) and business‑to‑consumer (B2C) segments. Room nights in the U.S. rose 11%, the fastest pace in over three years, while lodging gross bookings increased 13% led by a 15% jump in hotel bookings. Expedia also repurchased approximately 2.3 million shares for US $451 million in the quarter (year‑to‑date buybacks: 7.9 million shares worth US $1.4 billion) and declared a quarterly dividend of US $0.40 per share. The company raised its full‑year 2025 guidance: now expecting sales growth of ~6.5% at the midpoint (up from ~4%) and anticipating adjusted core profit margin growth of 2%, double its prior projection. CEO Ariane Gorin said the strong result reflects improved demand, disciplined execution and progress on strategic priorities. Analysts at Wedbush Securities noted the risk/reward remains balanced despite the U.S. demand environment, while Bank of America upgraded its rating to “Buy” and raised its price target to US $285. #ExpediaQ3 #TravelRecovery #EarningsBeat #StockBuyback #SlimScan #GrowthStocks #CANSLIM