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Expedia Reports Narrower-Than-Expected Loss
| Earnings Scorecard | ||
| Actual | Estimated* | Year-Ago |
| -$0.06 | -$0.15 | -$0.26 |
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Expedia(EXPE Quote) posted much narrower losses than Wall Street was projecting for the second quarter, as sales rose sharply for the period.
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The online travel services company said it lost $2.6 million, or 6 cents a share, excluding intangibles, certain charges and amortization. The company lost $10.3 million, or 26 cents a share, in the year-ago period. Nine analysts polled by First Call/Thomson Financial were expecting the company to lose 15 cents a share. ...
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