08:50 AM EDT, 08/08/2025 (MT Newswires) -- (Updates with recent share movement in the headline and final paragraph, price target increases in the seventh paragraph.)
Expedia Group ( EXPE ) reported Q2 adjusted earnings late Thursday of $4.24 per share, up from $3.51 a year earlier.
Analysts polled by FactSet expected $3.97.
Revenue for the quarter ended June 30 was $3.79 billion, up from $3.56 billion a year earlier.
Analysts polled by FactSet expected $3.71 billion.
The company said it expects Q3 revenue growth of 4% to 6%, and full-year 2025 revenue to grow 3% to 5%, versus prior estimate of 2% to 4%.
The company maintained a quarterly dividend at $0.40 per share, payable Sept. 18 to holders of record Aug. 28.
Several brokerages raised the company's price target following the Q2 results. JPMorgan Chase raised its price target to $225 from $170, Goldman Sachs increased its price target to $253 from $195, Oppenheimer raised its price target to $250 from $210, and Wells Fargo boosted its price target to $211 from $178.
Shares of the company were up 15% in recent premarket activity.