Expedia Shares Surge Despite Softening Travel Demand Warnings

The online travel agency's strong Q2 earnings beat expectations, driven by international travel, but future guidance remains cautious.

Expedia's Q2 earnings per share were $3.51, surpassing the $3.06 analyst estimate.
Total revenue for Q2 reached $3.56 billion, a 6% increase year-over-year.
International travel demand bolstered results, while domestic travel showed signs of weakening.
Expedia adjusted its full-year guidance, anticipating slower growth due to economic uncertainties.
Other travel companies like Airbnb and Booking Holdings have also reported similar consumer hesitance.