Expedia Inc. Profit Declines 6% In Q4

(RTTNews) - Expedia Inc. (EXPE) revealed earnings for fourth quarter that lost ground from last year.

The company said its bottom line came in at $106.66 million, or $0.77 per share. This was lower than $112.97 million, or $0.86 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.0% to $1.70 billion. This was up from $1.36 billion last year.

Expedia Inc. earnings at a glance:

-Earnings (Q4): $106.66 Mln. vs. $112.97 Mln. last year. -Earnings Decline (Y-o-Y): -5.6% -EPS (Q4): $0.77 vs. $0.86 last year. -EPS Decline (Y-o-Y): -10.5% -Analysts Estimate: $1.00 -Revenue (Q4): $1.70 Bln vs. $1.36 Bln last year. -Revenue Change (Y-o-Y): 25.0%