05:15 PM EDT, 08/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

EXPE posted Q2 revenue of $3.79B (+6.5% Y/Y), beating estimates of $3.71B, driven by strong B2B revenue growth of 15% Y/Y and advertising revenue growth of 19% Y/Y. Adjusted EPS of $4.24 (+21% Y/Y) exceeded the $4.13 consensus estimate, while adjusted EBITDA of $908M (+15.5% Y/Y) beat the $852M consensus with 190 bps of margin expansion. We thought the top line was strong after management's cautious Q1 tone, signaling the travel industry continues to see momentum despite concerns about U.S. consumer discretionary spending. EXPE raised its 2025 guidance, increasing gross bookings outlook to 3%-5% (+1%), revenue growth to 3%-5% (+1%), and EBITDA margin expansion to 100 bps (+25 bps). International revenue grew 13% Y/Y versus 3% U.S. growth, with booked room nights rising 7% Y/Y and gross bookings up 5% to $30.41B. We believe the guidance raise signals that initial concerns about macroeconomic pressure on travel demand were slightly overblown.