(Reuters) – Online travel booking company Expedia Group Inc missed Wall Street estimates for fourth-quarter profit on Thursday, as severe weather conditions toward the end of the year hurt its business despite strong travel demand.
Expedia reported fourth-quarter adjusted profit of $1.26 per share, missing analysts’ average estimate of $1.67 per share, according to Refinitiv data.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Anil D’Silva)
