NASDAQ$EXPE

Expedia Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Expedia Group's financial results were announced for the first quarter ended March 31, 2021.

Expedia Group reported a decrease in revenue by 44% and a net loss attributable to Expedia Group common stockholders of $606 million for Q1 2021. The company saw strong vacation rental growth and demand for domestic travel, while international and business travel remained challenged. Expedia Group is investing in technology and marketing to capitalize on the recovery in travel demand as vaccine rollouts continue.

  • Expedia Group received a binding offer from American Express Global Business Travel to acquire Egencia.
  • Expedia Group elected to pay off 50% of the preferred stock issued in 2020 during the second quarter of 2021.
  • Total gross bookings decreased 14%.
  • Total revenue decreased 44%.

Headline financials

Total Revenue

$1.25B

Previous: $2.21B-43.6%
EPS (adj)

-$2.02

Previous: -$1.83-10.4%
Gross Bookings

$15.4B

Previous: $17.9B-13.8%
Adjusted EBITDA

-$58M

Previous: -$76M+23.7%
Capital Expenditures

-$168M

Previous: -$287M+41.5%
Free Cash Flow

-$746M

Previous: -$1.59B+53.0%
Net Income

-$578M

Previous: -$1.3B+55.6%
Operating Income

-$369M

Previous: -$1.29B+71.5%
Gross Profit

-$318M

Previous: -$610M+47.9%
Cash & Equivalents

$4.29B

Previous: $3.91B+9.9%
Total Assets

$21.9B

Previous: $20.4B+7.1%
Stock-Based Comp

$83M

Previous: $55M+50.9%

Revenue & EPS history

Expedia · Revenue · Quarterly

$1.25B

Q1 2021-43.6%vs Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Expedia · $1.21B total across 2 segments · Q1 2021

  • B2C
    $1.03B-35.2%
  • B2B
    $184M-62.1%

Forward guidance

Expedia Group expects domestic and leisure demand to lead the recovery as the vaccine rollout continues. The company is focused on investing in its technology platform and marketing efforts to capitalize on the growing travel demand.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.9%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+0.0%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+24.7%

Q1 2012

Best reaction

-27.2%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-14.6%-9.4%
Q4 2025-6.4%-10.3%+0.5%
Q3 2025+17.4%+24.6%+19.9%
Q1 2025-7.4%+0.1%+4.5%
Q4 2024+17.3%+17.4%+6.8%
Q3 2024+5.2%+5.9%+11.0%
Q2 2024+14.8%+15.3%+16.8%
Q1 2024-13.4%-15.2%-15.2%
Q4 2023-15.1%-12.7%-12.0%
Q3 2023+20.8%+26.6%+49.4%
Q2 2023-12.6%-6.9%-7.1%
Q1 2023+3.3%+3.0%+14.0%
Q4 2022-9.7%-3.5%-17.5%
Q3 2022+2.5%-0.7%+14.8%
Q2 2022-3.0%-1.9%-3.4%
Q1 2022-14.0%-24.3%-27.8%
Q4 2021-2.5%+7.6%-9.0%
Q3 2021+12.3%+15.9%-4.1%
Q2 2021-2.8%-3.0%-6.9%
Q1 2021+1.5%+0.9%+0.3%
Q4 2020-1.6%-0.7%+17.3%
Q3 2020+4.4%+30.2%+30.1%
Q2 2020-5.1%-6.5%+18.2%
Q1 2020+0.9%+2.1%+7.5%
Q4 2019+10.7%+9.1%-37.3%
Q3 2019-27.2%-26.6%-20.3%
Q2 2019+1.2%-1.9%-7.5%
Q1 2019-1.3%-4.6%-10.7%
Q4 2018+2.3%-1.0%-5.1%
Q3 2018+5.5%+9.0%-0.9%
Q2 2018+8.0%+4.9%+2.1%
Q1 2018+6.1%+4.7%+8.7%
Q4 2017-19.6%-21.3%-13.2%
Q3 2017-16.3%-15.7%-14.3%
Q2 2017+1.6%-2.7%-4.9%
Q1 2017-1.5%+2.4%+6.5%
Q4 2016-0.2%-2.6%+2.4%
Q3 2016+4.9%+0.4%+1.4%
Q2 2016-0.5%-3.1%-5.0%
Q1 2016+7.4%
Q4 2015+11.6%
Q3 2015+8.3%
Q2 2015+13.6%
Q1 2015+5.6%
Q4 2014-11.4%
Q3 2014+6.8%
Q2 2014+3.4%
Q1 2014+0.2%
Q4 2013+16.5%
Q3 2013+16.4%
Q2 2013-26.0%
Q1 2013-8.8%
Q4 2012+0.8%
Q3 2012+13.0%
Q2 2012+24.1%
Q1 2012+24.7%
Q2 2011+0.7%
Q4 2011+0.7%
Q3 2011-0.5%
Q1 2011+2.8%
Q1 2010+2.8%
Q2 2010-15.6%
Q4 2008-15.6%
Q4 2010-15.6%
Q3 2009-2.1%
Q3 2010-2.1%
Q4 2009+8.1%
Q2 2009+8.1%

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