Q4 24 EPS
$2.39
BEAT +13.89%
Est. $2.10
Q4 24 Revenue
$3.18B
BEAT +3.71%
Est. $3.07B
vs S&P Since Q4 24
+15.9%
BEATING MARKET
EXPE +37.9% vs S&P +22.1%
Full Year 2024 Results
FY 24 EPS
$12.11
FY 24 Revenue
$13.69B
Market Reaction
Did EXPE Beat Earnings? Q4 2024 Results
Expedia Group closed out 2024 with a standout fourth quarter, posting adjusted EPS of $2.39 against a consensus estimate of $2.10, a beat of 13.89%, while revenue of $3.18 billion topped expectations by 3.71% and grew 10.3% year-over-year. The primar… Read more Expedia Group closed out 2024 with a standout fourth quarter, posting adjusted EPS of $2.39 against a consensus estimate of $2.10, a beat of 13.89%, while revenue of $3.18 billion topped expectations by 3.71% and grew 10.3% year-over-year. The primary engine behind the quarter's strength was a pronounced acceleration in the company's B2B segment, where gross bookings surged 24%, complementing a 9% gain in B2C gross bookings, with both segments delivering 5-point sequential improvements in bookings growth. Booked room nights climbed 12% to 86.4 million and gross bookings rose 13% to $24.42 billion, reflecting broad-based demand across the portfolio. Profitability gains were equally notable, with adjusted EBITDA expanding 21% to $643 million and GAAP net income more than doubling to $299 million from $132 million a year earlier. The company also reinstated a quarterly cash dividend of $0.40 per share, and CEO Ariane Gorin pointed to AI-driven strategies and strong execution across all three core consumer brands as key contributors to the quarter's results.
Key Takeaways
- • Booked room nights grew 12% year-over-year in Q4
- • B2C and B2B gross bookings growth each accelerated 5 points sequentially in Q4
- • B2B gross bookings surged 24% year-over-year in Q4
- • Lodging gross bookings grew 12% YoY in Q4; hotel bookings up 14%
- • All three core consumer brands achieved bookings growth
- • Better-than-expected travel demand
- • Adjusted EBITDA margin expanded 175 basis points to 20.2% in Q4
EXPE YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
EXPE Revenue by Segment
With YoY comparisons, source: SEC Filings
EXPE Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our fourth quarter results exceeded our expectations and reflect continued strong execution and better-than-expected travel demand. All three of our core consumer brands achieved bookings growth and we further accelerated growth in our B2B business. These results contributed to a solid full year 2024 for us.”
— Ariane Gorin, Q4 2024 Earnings Press Release
EXPE Earnings Trends
EXPE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
EXPE EPS Trend
Earnings per share: estimate vs actual
EXPE Revenue Trend
Quarterly revenue: estimate vs actual
EXPE Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.38 | $1.96 | +42.34% | $3.43B | +2.17% |
| Q4 25 BEAT FY | $3.37 | $3.78 | +12.21% | $3.55B | +4.00% |
| FY Full Year | $15.34 | $15.86 | +3.37% | $14.73B | +0.93% |
| Q3 25 BEAT | $6.95 | $7.57 | +8.99% | $4.41B | +3.52% |
| Q2 25 BEAT | $4.13 | $4.24 | +2.74% | $3.79B | +2.05% |
| Q1 25 BEAT | $0.36 | $0.40 | +11.48% | $2.99B | -0.85% |
| Q4 24 BEAT FY | $2.10 | $2.39 | +13.89% | $3.18B | +3.71% |
| FY Full Year | — | $12.11 | — | $13.69B | — |
| Q1 23 MISS | $-0.04 | $-0.20 | -400.00% | $2.67B | +0.23% |
| Q4 22 MISS FY | $1.67 | $1.26 | -24.55% | $2.62B | -2.97% |
| FY Full Year | — | $6.79 | — | $11.67B | — |