Expedia misses quarterly revenue estimates amid weak US travel demand; shares down

Reuters

Thu, May 8, 2025, 1:30 PM 1 min read

(Reuters) -Online question level Expedia missed Wall Street estimates for quarterly gross connected Thursday, owed to weaker than expected request successful the U.S., arsenic the manufacture braces for a slowdown amid slower user spending.

Shares of the institution were down adjacent to 5% successful after-market trading. They person fallen much than 9% since the commencement of 2025.

Demand successful the U.S. softened arsenic Americans grew wary astir discretionary spending, particularly connected big-ticket expenses specified arsenic travel, owed to the economical uncertainty caused by an erratic commercialized policy.

Strength successful planetary travel, particularly successful Asia-Pacific and Europe, has helped question companies offset immoderate slowing question successful the U.S.

At the extremity of April, edifice relation Hilton chopped its yearly forecast for country gross growth, and abrogation rental institution Airbnb said this period that the booking model was shortening, signaling user uncertainty and caution successful question spending.

Expedia reported gross of $2.98 cardinal for the archetypal quarter, beneath analysts' expectations of $3.01 billion.

The Seattle-based institution reported an adjusted nett of 40 cents per stock for the 4th ended March 31, compared with analysts' estimation of 32 cents per share, according to LSEG compiled data.

Total gross bookings for the archetypal 4th came successful astatine $31.45 billion, up 4% from past year. It posted quarterly booked country nights of 107.7 million, 6% higher than past year.

(Reporting by Aishwarya Jain and Abhinav Parmar successful Bengaluru; Editing by Alan Barona)