Expedia Group Inc (NASDAQ:EXPE) is trading higher Friday morning after the company announced better-than-expected earnings results. 

Expedia reported quarterly revenue of $2.28 billion, which came in below the $2.31 billion estimate. The company reported adjusted earnings of $1.06 per share, which beat the estimate of 67 cents per share. Adjusted EBITDA was $479 million, the highest fourth-quarter EBITDA in Expedia's history.

• Barclays analyst Mario Lu maintained Expedia with an Overweight rating and raised the price target from $210 to $226.
• Credit Suisse analyst Stephen Ju maintained Expedia with an Outperform rating and raised the price target from $205 to $231.

See Also: 23 Stocks Moving in Friday's Pre-Market Session

EXPE Price Action: Expedia has a 52-week low of $136.77 and a 52-week high of $201.92. 

The stock was up 6.7% at $210.75 at time of publication.

Photo: blende12 from Pixabay.