Categories AlphaGraphs, Earnings, Other Industries
Infographic: Highlights of Expedia’s (EXPE) Q1 2022 earnings
Expedia Group (NASDAQ: EXPE) reported first-quarter 2022 financial results. The travel company’s revenues jumped 81% year-over-year to $2.25 billion in the first three months of fiscal 2022.
It reported a net loss of $122 million or $0.78 per share for the most recent quarter, compared to a loss of $606 million or $4.17 per share in the first quarter of 2021. On an adjusted basis, it was a net loss of $0.47 per share, compared to last year’s loss of $2.02 per share.
“As we have seen many times during Covid, this quarter was a tale of two stories. There was early impact from Omicron leftover from late last year, which faded as the turnaround in demand reached new highs since the start of Covid. While the war in Ukraine did slow some of the recovery in Europe, there too we see travel at new highs since the start of the pandemic,” said Peter KernCEO of Expedia Group.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: How Alaska Air Group (ALK) performed in Q1 2024
Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per
KMI Earnings: Kinder Morgan Q1 2024 adjusted profit increases; revenue drops
Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full
What to expect when Altria (MO) reports first quarter 2024 earnings results
Shares of Altria Group, Inc. (NYSE: MO) stayed green on Wednesday. The stock has dropped 8% over the past one month. The tobacco giant is scheduled to report its first
