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
Posted: November 1, 2023 at 4:13 pm ET By Denny Jacob Airbnb released its outlook for the current quarter in tandem with its latest results. The home-sharing company expects fourth-quarter revenue of between $2.13 billion and $2.17 billion, which would fall between 12% and 14% year-over-year growth. Analysts polled by FactSet had expected $2.18 billion. … Read more
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
