Expedia falls on downbeat revenue forecast

Expedia

05/11/2026 11:31

** Expedia EXPE.O shares slip ~6% to $297.62 premarket 
** The online travel firm on Wednesday estimated Q4 revenue at $3.69 bln-$3.75 bln; midpoint below analysts' avg est of $3.74 bln, per LSEG-compiled data
** CFO Derek Andersen blames US midterms; says Middle East, Europe unrest hurt long-haul routes 
** Peers Booking BKNG.O, Hilton HLT.N and Marriott MAR.O have also flagged Middle East drag 
** EXPE Q3 revenue, profit beat Street; FY gross bookings, revenue forecast above est 
** As of last close, stock up ~12%, YTD

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))