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3 Stocks to Watch on Friday: Expedia Inc (EXPE), Mettler-Toledo International Inc. (MTD) and Mohawk Industries, Inc. (MHK)


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U.S. equities were plummeting as a weak auction of 30-year Treasury bonds increased the 10-year yield to 2.83%, the highest figure seen in more than four years. The  S&P 500 Index lost 3.8%. the  Dow Jones Industrial Average declined 4.2% and the  Nasdaq Composite fell 3.9%.

3 Stocks to Watch on Friday: Expedia Inc (EXPE), Mettler-Toledo International Inc. (MTD) and Mohawk Industries, Inc. (MHK) Several companies posted their earnings results after hours Thursday, including  Expedia Inc (NASDAQ: EXPE ), Mettler-Toledo International Inc. (NYSE: MTD ) and Mohawk Industries, Inc. (NYSE: MHK ).

Here's how they did:

Expedia Inc (EXPE)

Expedia's  earnings missed estimates , sending shares sinking late Thursday.

The travel agency site reported net income of $55.2 million, or 35 cents per share, below the year-ago total of $79.5 million, or 51 cents per share. On an adjusted basis, the company earned 84 cents per share, well below the Wall Street consensus estimate of $1.15 per share, according to  Thomson Reuters .

Expedia posted fourth-quarter revenue of $2.32 billion, topping the year-ago total revenue of $2.09 billion. The company's gross bookings were 13.6% higher to $19.8 billion.

The company has a vacation rental business that rivals  Airbnb called HomeAway, which saw its revenue surge 16% year-over-year to $193 million, below analysts' expectations of $225.4 million, per Thomson Reuters.

EXPE stock plummeted 18.7% after the bell.

Mettler-Toledo International Inc. (MTD)

Mettler-Toledo posted strong quarterly results late yesterday .

The precision instrument maker reported fourth-quarter net income of $77 million, or $2.93 per share. On an adjusted basis, the company earned $5.97 per share, topping Wall Street's expectations of $5.94 per share, according to  Zacks Investment Research .

Mettler-Toledo's revenue for the period came in at $778 million, which was also ahead of the consensus estimate of $765.1 million, according to Zacks. The company's full-year profit was $376 million, or $14.24 per share, while revenue was $2.73 billion.

For its first quarter, the company projects earnings in the range of $3.65 to $3.70 per share. For the fiscal year 2017, Mettler-Toledo sees earnings in the range of $19.95 to $20.15 per share.

MTD stock was flat after hours Thursday.

Mohawk Industries, Inc. (MHK)

Mohawk Industries reported on a positive quarter after the bell.

The flooring manufacturer impressed in its fourth quarter as net earnings were $240 million, while diluted earnings per share $3.21 per share. Adjusted earnings came in at $256 million, or $3.42 per share, 10 cents above analysts' expectations.

Mohawk Industries' revenue was $2.4 billion for the period, rising 8.5% compared to the year-ago quarter. The figure also topped the $2.37 billion that analysts were calling for.

For its first quarter of fiscal 2018, the company sees adjusted earnings in the range of $2.93 to $3.02 per share, in line with the Wall Street consensus estimate of $2.95 per share.

MHK stock was flat after hours.

As of this writing, Karl Utermohlen did not hold a position in any of the aforementioned securities.

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The post 3 Stocks to Watch on Friday: Expedia Inc (EXPE), Mettler-Toledo International Inc. (MTD) and Mohawk Industries, Inc. (MHK) appeared first on InvestorPlace .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: EXPE , MTD , MHK



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