Insights Into Expedia (EXPE) Q3: Wall Street Projections for Key Metrics

Wall Street analysts expect Expedia (EXPE) to post quarterly earnings of $7.21 per share in its upcoming report, which indicates a year-over-year increase of 17.6%. Revenues are expected to be $4.3 billion, up 5.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.Given this perspective, it's time to examine the average forecasts of specific Expedia metrics that are routinely monitored and predicted by Wall Street analysts.Analysts forecast 'Revenue- B2B' to reach $1.35 billion. The estimate suggests a change of +14.7% year over year.It is projected by analysts that the 'Revenue- B2C' will reach $2.82 billion. The estimate suggests a change of +1.5% year over year.Analysts' assessment points toward 'Revenue- Trivago' reaching $120.36 million. The estimate indicates a year-over-year change of +18%.Analysts predict that the 'Revenue- Expedia Group (excluding trivago)' will reach $4.17 billion. The estimate indicates a year-over-year change of +5.4%.Based on the collective assessment of analysts, 'Revenue by Service Type- Lodging' should arrive at $3.51 billion. The estimate indicates a year-over-year change of +5.9%.The average prediction of analysts places 'Revenue- International' at $1.75 billion. The estimate suggests a change of +7.4% year over year.According to the collective judgment of analysts, 'Revenue- United States' should come in at $2.58 billion. The estimate indicates a year-over-year change of +6%.Analysts expect 'Gross bookings - Total' to come in at $29.18 billion. The estimate is in contrast to the year-ago figure of $27.50 billion.The consensus estimate for 'Stayed room nights/ Booked room nights' stands at 109 . Compared to the current estimate, the company reported 97 in the same quarter of the previous year.The consensus among analysts is that 'Gross bookings - Merchant' will reach $17.43 billion. The estimate compares to the year-ago value of $16.12 billion.The collective assessment of analysts points to an estimated 'Gross bookings - Agency' of $11.76 billion. The estimate compares to the year-ago value of $11.38 billion.The combined assessment of analysts suggests that 'Stayed Room Night /Booked room nights Growth' will likely reach 6.6%. The estimate compares to the year-ago value of 9.0%. View all Key Company Metrics for Expedia here>>> Shares of Expedia have demonstrated returns of -3.7% over the past month compared to the Zacks S&P 500 composite's +2.1% change. With a Zacks Rank #2 (Buy), EXPE is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Expedia Group, Inc. (EXPE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks