Expedia Group Inc
EXPE: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|mg | LOCK|cXW& | LOCK|>SN<!?$ |
Expedia Earnings: Technology Investments Drive Strong Sales Growth Amid Transitory Headwinds
Despite a 2-percentage-point headwind from the Iran war and Mexico, Expedia's first-quarter bookings grew 13%, above its 10%-12% guidance. Adjusted EBITDA expanded by 591 basis points to 15.8%, its highest first-quarter mark in 15 years, on AI-led marketing and customer service efficiencies.
