Expedia Group (NASDAQ: EXPE) recently reported its fourth-quarter 2021 financial results. The travel company’s revenues more than doubled year-over-year to $2.3 billion in the final three months of fiscal 2021.
It reported a net income of $276 million or $1.70 per share for the most recent quarter, compared to a loss of $412 million or $2.89 per share in the fourth quarter of 2020. Adjusted earnings were $1.06 per share.
“While we experienced yet another significant travel disruption from Covid this quarter, we were pleased to see that the impact was less severe and of shorter duration than previous waves. Notably, the travel industry and traveling public prove more resilient with each passing wave, and we continue to expect a solid overall recovery in 2022, barring a change in the trajectory of the virus,” said Peter Kern, CEO of Expedia Group.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,