Expedia Group, Inc. EXPE reported its fourth-quarter financial results after Thursday's closing bell. Here's a look at the details from the report. 

The Details: Expedia Group reported quarterly earnings of $2.39 per share, which beat the analyst consensus estimate of $2.02. Quarterly revenue clocked in at $3.18 billion, which beat the analyst consensus estimate of $3.07 billion and is an increase over revenue of $2.89 billion from the same period last year.

• Booked room nights grew 12% in the fourth quarter year-over-year and 9% for full year 2024.
• Total gross bookings and revenue grew 13% and 10% year-over-year, respectively in the fourth quarter.
• Full year gross bookings and revenue both grew 7% compared to 2023.
• B2C and B2B gross bookings growth accelerated 5 points to 9% and 24% respectively in the fourth quarter.
• Lodging gross bookings grew 12% year-over-year in the fourth quarter; hotel bookings were up 14%.
• Expedia reinstated a quarterly dividend of 40 cents starting in March 2025.

Read Next: Palantir Adds Elon Musk’s AI Chatbot Grok To AIP

“Our fourth quarter results exceeded our expectations and reflect continued strong execution and better-than-expected travel demand. All three of our core consumer brands achieved bookings growth and we further accelerated growth in our B2B business. These results contributed to a solid full year 2024 for us,” said Ariane Gorin, CEO of Expedia Group.

“The reinstatement of our quarterly dividend reflects our confidence in our long-term outlook and commitment to shareholder returns,” Gorin added.

EXPE Price Action: According to data from Benzinga Pro, Expedia shares are up 8.62% after hours at $187.12 on Thursday.  

Read Next: 

• Ford Shares Skid After Q4 Report: Details

Photo: Shutterstock