This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Why Expedia (EXPE) Shares Jumped in Aftermarket Trading

NEW YORK (TheStreet) -- Expedia (EXPE - Get Report) shares were jumping in aftermarket trading Thursday after the online travel site reported better-than-expected quarterly results.

In extended trading, shares had 13% to $73.60, after climbing 1.9% over Thursday's session.

Washington-based Expedia saw quarterly revenue jump 18% year-over-year, driven by a 25% increase in hotel room nights booked and advertising sales. The company recorded net income of 92 cents a share on revenue of $1.15 billion. Analysts surveyed by Thomson Reuters had expected earnings of 86 cents a share on $1.13 billion in sales.

Expedia-owned hotel price comparison site trivago saw full-year revenue grow more than 85%, adding around 4 percentage points to overall revenue growth for 2013.

Over fiscal 2013, Expedia earned $3.22, a nickel over consensus, and generated $4.77 billion in sales compared to estimates of $4.75 billion.

After the bell, competitors Orbitz (OWW) and Priceline (PCLN) were pulled higher, adding 2.4% and 1.3%, respectively. Orbitz reports results on Feb. 13 and Priceline is due for Feb. 20.

Must Read: San Francisco Named Most Charming City According To 'Cities We Love' Survey

TheStreet Ratings team rates EXPEDIA INC as a Buy with a ratings score of B. The team has this to say about their recommendation:

"We rate EXPEDIA INC (EXPE) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
EXPE $92.16 2.50%
AAPL $126.91 -1.30%
FB $81.68 0.96%
GOOG $576.88 0.61%
TSLA $202.82 0.19%


DOW 18,146.89 +49.99 0.28%
S&P 500 2,101.67 +3.14 0.15%
NASDAQ 4,984.6920 +17.5510 0.35%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs