Expedia Earnings Preview - trackseekingalpha

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Expedia Earnings Preview
Oct 25, 2009 04:45 PM UTC

trackseekingalpha

Return	Risk
-13.40%	HIGH

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Symbol	Sentiment	Start	Return	Closed
EXPE	n/a

Via Long Investment Ideas from Seeking Alpha:

Expedia (EXPE) is scheduled to report 3Q09 results on Thursday October 29 prior to the market open. Consensus calls for revenues of $828 million and EPS of $0.43. My model is projecting revenues of $840 million and EPS of $0.47, four cents ahead of the Street. The shares are likely to rally after the print.

Traffic to the site in 3Q09 was robust, up in the double digits, and results should benefit from FX. In addition, search CPCs for travel terms have remained subdued, and that should help margins.

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