Investing.com - Booking (NASDAQ:BKNG) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $22.49 on revenue of $3.21B. Analysts polled by Investing.com anticipated EPS of $19.41 on revenue of $3.23B. That compared to EPS of $16.86 on revenue of $2.8B in the same period a year earlier. The company had reported EPS of $37.78 on revenue of $4.85B in the previous quarter.
For the year, Booking shares are up 10.66%, under-performing the Nasdaq which is up 16.1% year to date.
Booking follows other major Services sector earnings this month
On Thursday, January 31, 2019, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst's expectations on Wednesday, January 30, 2019, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
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