Expedia shares were surging 18% in after-hours trading after reporting better-than-expected third-quarter figures. The online travel agent reported earnings of $1.43 a share on revenue of $1.4 billion. Analysts surveyed by Yahoo! Finance were expecting $1.35 a share on $1.37 billion. Shares closed in regular trading at $49.96.
TheStreet Ratings team rates EXPEDIA INC as a Hold with a ratings score of C+. The team has this to say about its recommendation:"We rate EXPEDIA INC (EXPE) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."
- You can view the full analysis from the report here: EXPE Ratings Report
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts