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Technical Analysis
SmarTrend® DOWNTREND Alert: Expedia (NASDAQ:EXPE) - 2/19/2009 3:41:42 PM

Expedia (NASDAQ:EXPE) reported Q4 adjusted EPS of 22 cents, ex-items, missing analyst estimates of 24 cents per share. Revenues in the quarter fell 7% year-over-year to $620.8 million, missing consensus estimates of $631.1 million. The company reported that its Q4 bookings were down 11%. Expedia also announced that it had amended certain covenants in its credit agreement. Mysmartrend.com downtrended Expedia (NASDAQ:EXPE) at $8.02 and it is currently trading 6.2% lower to $8.00.


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