Filed under: Earnings Reports, Internet, Expedia Inc (EXPE)
Expedia, Inc. (EXPE), an online service devoted to travel whose related companies include Orbitz Worldwide (OWW) and Priceline.com (PCLN), issued its Q4 results after the bell today. According to the report, which you can find at the company's investor site, adjusted net income increased 10% to 32 cents per share. TheFly says that this number came in below the estimate by a disappointing four pennies. You can't always beat Wall Street's prediction. Shortly after the data was posted, the stock experienced a drop of 3.7%, making the quote equal to $24.74.
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Expedia Reports Q4 Results originally appeared on BloggingStocks on Thu, 10 Feb 2011 17:00:00 EST. Please see our terms for use of feeds.
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