Expedia Group reported its Q1 earnings, surpassing expectations with an EPS of $0.21 against an estimated loss of $0.24 and sales of $2.89 billion, exceeding the forecast of $2.81 billion. Despite these positive results, the company has revised its full-year revenue forecast downward due to slower than expected recovery in its Vrbo segment and less robust gross bookings. The new guidance anticipates mid to high single-digit top-line growth with margins similar to last year. The announcement led to a significant drop in Expedia's stock price, which fell by approximately 12% in early trading the following day and continued to decline by 14% throughout the day.