Booking Holdings Smashes EPS Forecasts
Booking Holdings exceeded expectations with its latest earnings release, showing strategic progress in technology and travel services.
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Travel services specialist Booking Holdings (NASDAQ:BKNG) reported its fourth-quarter financial results on Thursday, Feb. 20, that topped analysts' consensus expectations. Adjusted earnings per share of $41.55 came in well above the analyst estimate of $36.08. Q4 revenue of $5.47 billion surpassed the $5.19 billion forecast.
This outperformance reflects robust travel demand and strategic investments in technology.
Source: Booking Holdings. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.