Why Expedia (EXPE) Stock Is Up in After-Hours Trading Today

NEW YORK (TheStreet) -- Expedia (EXPE) was gaining 2.6% to $81.50 Thursday after beating analysts' estimates for earnings and revenue in the second quarter.

For the second quarter Expedia reporter earnings of $1.03 a share, beating the Capital IQ Consensus Estimate of 75 cents a share by 28 cents. Revenue grew 23.1% year-over-year to $1.49 billion for the quarter. Analysts expected revenue of $1.44 billion for the quarter.

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TheStreet Ratings team rates EXPEDIA INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their 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, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet."

EXPE ChartEXPE data by YCharts

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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