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Booking Holdings stock slips on earnings miss
Booking Holdings Inc. BKNG, +4.71% shares declined in the extended session Thursday after the online travel site's quarterly earnings fell short of Wall Street estimates as the travel industry was hit hard by the COVID-19 pandemic. Booking shares declined 2% after hours, following a 4.7% rise in the regular session to close at $1,443.91. The company reported a first-quarter loss of $699 million, or $17.01 a share, compared with net income of $765 million, or $16.85 a share, in the year-ago period. Adjusted earnings were $3.77 a share, compared with $11.17 a share in the year-ago period. Revenue declined to $2.29 billion from $2.84 billion in the year-ago quarter.
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https://www.marketwatch.com/story/bookin...eid=yhoof2
![[Bild: BKNGc1dl0806.png]](https://finviz.com/publish/050820/BKNGc1dl0806.png)
Booking Holdings Inc. BKNG, +4.71% shares declined in the extended session Thursday after the online travel site's quarterly earnings fell short of Wall Street estimates as the travel industry was hit hard by the COVID-19 pandemic. Booking shares declined 2% after hours, following a 4.7% rise in the regular session to close at $1,443.91. The company reported a first-quarter loss of $699 million, or $17.01 a share, compared with net income of $765 million, or $16.85 a share, in the year-ago period. Adjusted earnings were $3.77 a share, compared with $11.17 a share in the year-ago period. Revenue declined to $2.29 billion from $2.84 billion in the year-ago quarter.
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https://www.marketwatch.com/story/bookin...eid=yhoof2
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