Expedia soars 20%

Article Excerpt

EXPEDIA GROUP INC., $206.52, is a #1 Power Buy for 2025. The stock (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $26.6 billion; No dividends paid) jumped 20% after its revenue in the quarter ended December 31, 2024, increased 10.3%, to $3.18 billion from $2.89 billion a year earlier. The quarter saw strong travel demand. Expedia made $315 million, or $2.39 a share, in the latest quarter. That was up 30.2% from $242 million, or $1.72. It beat the consensus estimate of $2.09. Notably, the company has reinstated its quarterly cash dividend with the first payment of $0.40 a share in March 2025. Expedia suspended its dividend in the second quarter of 2020 in response to uncertainty driven by the global pandemic. The outlook for travel seems bright over the next few years, and Expedia is in a great position to profit. Expedia is a #1 Power Buy for 2025. 2025…