Shares of Expedia Group (EXPE) are soaring this morning after posting its second quarter report, revealing it beat expectations on both the top and bottom...
) are soaring this morning after posting its second quarter report , revealing it beat expectations on both the top and bottom line with an adjusted earnings per share of $3.51 against an expected $3.12. CEO Ariane Gorin issued a warning, however, sayingthat"in July, we have seen a more challenging macro environment and a softening in travel demand ." As a result, the company was adjusting its expectations for the rest of the year.
Yeah, to your point, uh, the environment healthy in the second quarter, as they say, But like the last few quarters, stronger demand internationally relative to the U SI.Wonder how many of those trips were booked for Patty, as everybody is taking in the Olympics this year.Uh, as Delta had told us earlier in the earning season.Also, one of the things that we've heard over the course of this week.
Still heavy declines for the company, really sensing right now, trying to figure out for investors at least where they're going to see some of these tough comparables, especially if you look back to the revenge travel that was taking place in 2023 where some of those bookings are set to reemerge.
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