Tuesday, February 24, 2015

HomeAway (AWAY) Stock Advancing in After-Hours Trading Today on Earnings Beat

NEW YORK (TheStreet) -- Shares of HomeAway Inc. are higher by 2.93% to $32.30 in after-hours trading on Tuesday, after the company reported its 2014 fourth quarter earnings results. The online marketplace for vacation property rentals said its quarterly results improved year-over-year and exceeded what analysts were expecting the company to report for the period. For the most recent quarter HomeAway said its adjusted earnings were 16 cents per diluted share compared to the 8 cents per diluted share the company reported for the 2013 fourth quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 Analysts had forecast for adjusted earnings of 13 cents per share for the latest quarter. HomeAway said its total revenue grew by 21.5% to $109.7 million versus the $90.3 million it reported for the same quarter last year. Analysts had predicted HomeAway would post $108.75 million for the 2014 fourth quarter. Separately, TheStreet Ratings team rates HOMEAWAY INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation: "We rate HOMEAWAY INC (AWAY) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity." You can view the full analysis from the report here: AWAY Ratings Report AWAY data by YCharts


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