SEATTLE (AP) — SEATTLE (AP) — Expedia Inc. (EXPE) on Thursday reported third-quarter earnings of $684 million.
The Seattle-based company said it had net income of $5.04 per share. Earnings, adjusted for one-time gains and costs, came to $6.13 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.10 per share.
The online travel company posted revenue of $4.06 billion in the period, which did not meet Street forecasts. Nine analysts surveyed by Zacks expected $4.11 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPE at https://www.zacks.com/ap/EXPE
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