Expedia Shares Up Following Q2 Earnings

Shortly after Thursday's closing bell, Expedia (NASDAQ: EXPE) reported its results for the second quarter of 2014.

The stock is up more than five percent amid a beat on both the top and bottom lines.

In addition to the solid results, Expedia raised it dividend from $0.15 to $0.18 per share.

Results

• Revenue: $1.495 billion, up 24 percent
• EPS: $1.03
• Gross bookings grew 29 percent

Estimates

• EPS: $0.76
• Revenue: $1.44 billion