Expedia Reports Strong Q2 Earnings Amid Concerns of Declining Travel Demand

Reported 2 months ago

Expedia Group shares jumped following a strong second quarter report with earnings per share of $3.51, surpassing expectations of $3.12. However, CEO Ariane Gorin cautioned about a tougher macro environment and decreased travel demand observed in July, prompting the company to adjust its forecasts for the remainder of the year.

Source: YAHOO

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