Expedia Inc. Profit Advances 8% In Q3

(RTTNews) - Expedia Inc. (EXPE) announced earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $276.3 million, or $2.07 per share. This was up from $256.0 million, or $1.93 per share, in last year's third quarter.

Analysts had expected the company to earn $2.02 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.5% to $1.94 billion. This was up from $1.71 billion last year.

Expedia Inc. earnings at a glance:

-Earnings (Q3): $276.3 Mln. vs. $256.0 Mln. last year. -Earnings Growth (Y-o-Y): 7.9% -EPS (Q3): $2.07 vs. $1.93 last year. -EPS Growth (Y-o-Y): 7.3% -Analysts Estimate: $2.02 -Revenue (Q3): $1.94 Bln vs. $1.71 Bln last year. -Revenue Change (Y-o-Y): 13.5%