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Expedia Group reported higher revenue, bookings and profit for the quarter ended September 30, 2024. A contemporaneous report said its shares rose more than 5% in after-hours trading after the November 7 results, while the company announced that CFO Julie Whalen would leave the role once a successor was appointed.
What Expedia reported for Q3 2024
Expedia Group’s third quarter ended September 30, 2024. Its November 7 earnings release reported $4.060 billion in revenue, up 3% from the year-earlier quarter. The company said foreign exchange reduced revenue growth by two percentage points.
| Measure | Q3 2024 | Year-over-year change |
|---|---|---|
| Gross bookings | $27.498 billion | Up 7% |
| Booked room nights | 97.4 million | Up 9% |
| Revenue | $4.060 billion | Up 3% |
| Net income attributable to Expedia Group | $684 million | Up 61% |
| Diluted GAAP earnings per share | $5.04 | Up 76% |
| Adjusted earnings per share | $6.13 | Up 13% |
These figures are for Expedia Group’s reported quarter, not a current earnings period. GAAP diluted EPS and adjusted EPS are different measures: the company reported $5.04 under GAAP and $6.13 on an adjusted basis. The contemporaneous GeekWire story’s $6.13 EPS figure corresponds to adjusted EPS, not GAAP EPS. Expedia Group’s earnings release provides the reported results and year-over-year comparisons.
Why did Expedia stock jump after earnings?
GeekWire reported that EXPE shares rose more than 5% in after-hours trading following the announcement. Its account said profit topped expectations and revenue met estimates. The available reporting does not establish the exact analyst consensus figures, the precise stock-price basis or timestamp, or the calculation window for the percentage move. Treat “more than 5%” as the reported after-hours reaction, not a verified regular-session return or a precise measure of the longer-term share-price change. GeekWire’s November 7, 2024 report is the source for the estimate and market-reaction framing.
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Expedia CEO Ariane Gorin described the quarter this way in the company’s release: “Our third quarter results exceeded our expectations on gross bookings and earnings with revenue landing in-line.” Gorin also said consumer bookings growth accelerated for a second consecutive quarter and that advertising and B2B continued to deliver strong double-digit growth. That distinction helps explain the headline: earnings and gross bookings exceeded the company’s expectations, while revenue was described as in line. The earnings release contains Gorin’s statement.
Bookings growth varied by business
Gross bookings rose 7% overall, but growth differed by channel: B2B gross bookings increased 19%, while B2C gross bookings increased 3%. Booked room nights rose 9% to 97.4 million. These operating measures show activity on Expedia’s platforms; they are not the same as revenue, which grew 3%.
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Who was Expedia’s CFO stepping down in 2024?
Julie Whalen was Expedia Group’s CFO in 2024. On November 7, the company announced she would step down when a successor was appointed, which it then expected to happen before February 17, 2025. Whalen agreed to remain through February 17, 2025, to support the transition. She resigned from Expedia Group’s board effective November 7, 2024. The company’s CFO transition announcement gives those terms.
Gorin thanked Whalen for her work “as a Board member and as our CFO over the last five years,” according to the edited earnings-call transcript. The transcript records the remark.
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What happened to Expedia’s CFO role afterward?
The 2024 headline describes Whalen’s announced transition, not Expedia’s current CFO leadership. In a separate announcement in April 2026, Expedia named Derek Andersen CFO effective May 11, 2026, succeeding Scott Schenkel, who was to depart May 16. Expedia’s 2026 announcement documents that later succession. It is distinct from Whalen’s 2024 departure notice.
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