8:00 - 19:00

Working hours MON. - FRI.

Booking Earnings beat, Revenue misses In Q1 By Investing.com

Booking (NASDAQ:BKNG) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Booking announced earnings per share of $-5.26 on revenue of $1.14B. Analysts polled by Investing.com anticipated EPS of $-5.97 on revenue of $1.16B.

Booking shares are up 4% from the beginning of the year and are trading at $2,350.0 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 4.77% from the start of the year.

Booking shares gained 0.52% in after-hours trade the report.

Booking follows other major Services sector earnings this month

Booking’s report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

en_GBEnglish