Investing.com – Booking (NASDAQ:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Booking announced earnings per share of $23.3 on revenue of $3.34B. Analysts polled by Investing.com anticipated EPS of $22.03 on revenue of $3.29B. That with comparison to EPS of $22.49 on revenue of $3.21B in the same period a year before. Booking had reported EPS of $45.36 on revenue of $5.04B in the previous quarter. Analysts are expecting EPS of $12.2 and revenue of $3.03B in the upcoming quarter.
Booking shares are down 18% from the beginning of the year , still down 19.61% from its 52 week high of $2,094.00 set on January 10. They are under-performing the Nasdaq which is down 0.65% year to date.
Booking follows other major Services sector earnings this month
Booking’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Alibaba ADR had beat expectations on February 13 with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.91 on revenue of $159.7B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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