Earnings

Expedia’s stock jumps 9% as company sees ‘resilience’ in travel demand

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Posted: November 2, 2023 at 5:04 pm ET The shares of Expedia Group Inc. EXPE rallied 9% in the after-hours session Thursday after the online travel company reported quarterly earnings well above Wall Street expectations, saying travel demand remained resilient. Expedia earned $425 million, or $2.87 per share, in the third quarter, compared with $482 … Read more

Shanghai International Airport’s Third-Quarter Revenue Rose on Stronger Air Travel Volume

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Posted: October 31, 2023 at 9:02 pm ET By Jiahui Huang Shanghai International Airport’s third-quarter revenue jumped 90% from a year earlier, supported by stronger air travel volume. Revenue rose to 3.05 billion yuan ($416.8 million), while net profit was CNY 364.3 million, the company said late Tuesday. tea… By Jiahui Huang Shanghai International Airport’s … Read more