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Expedia falls on downbeat revenue forecast

By Reuters News

** Expedia EXPE.O shares slip ~6% to $297.62 premarket

** The online travel firm on Wednesday estimated Q4 revenue at $3.69 bln-$3.75 bln; midpoint below analysts' avg est of $3.74 bln, per LSEG-compiled data

** CFO Derek Andersen blames US midterms; says Middle East, Europe unrest hurt long-haul routes

** Peers Booking BKNG.O, Hilton HLT.N and Marriott MAR.O have also flagged Middle East drag

** EXPE Q3 revenue, profit beat Street; FY gross bookings, revenue forecast above est

** As of last close, stock up ~12%, YTD

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