Booking Holdings

Booking Holdings (BKNG) Misses Q1 Earnings and Revenue Estimates

Booking Holdings (BKNG) came out with quarterly earnings of $11.17 per share, missing the Zacks Consensus Estimate of $11.26 per share. This compares to earnings of $12 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -0.80%. A quarter ago, it was expected that this online booking service would post earnings of $19.39 per share when it actually produced earnings of $22.49, delivering a surprise of 15.99%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Booking Holdings, which belongs to the Zacks Internet - Commerce industry, posted revenues of $2.84 billion for the quarter ended March 2019, missing the Zacks Consensus Estimate by 3.21%. This compares to year-ago revenues of $2.93 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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https://finance.yahoo.com/news/booking-h...09135.html