Investing.com - Expedia (NASDAQ:EXPE) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.77 on revenue of $3.15B. Analysts polled by Investing.com anticipated EPS of $1.67 on revenue of $3.12B. That compared to EPS of $1.38 on revenue of $2.88B in the same period a year earlier. The company had reported EPS of $-0.27 on revenue of $2.61B in the previous quarter.
Expedia shares gained 2.74% to trade at $142.00 in after-hours trade following the report.
Expedia follows other major Services sector earnings this month
On Thursday, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.47B.
Visa A earnings beat analysts' expectations on Wednesday, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
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