Wuhan coronavirus to cost Expedia up to $40M in Q1, long-term impact uncertain

The Wuhan coronavirus outbreak is expected to cost Expedia Group approximately $30 million to $40 million during the first quarter of 2020, Acting Chief Financial Officer Eric Hart said during an investor call Thursday. That estimated impact to the company’s earnings is based on current trends on how the virus is adding pressure to the Seattle-based travel company. Hart said the virus’ impact beyond the first quarter will depend on how long it takes for travel trends to normalize. As a result,…