Investing.com - Booking (NASDAQ:BKNG) reported third quarter earnings that missed analyst's expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $37.78 on revenue of $4.85B. Analysts polled by Investing.com expected EPS of $38.18 on revenue of $4.8B. That compared to EPS of $35.22 on revenue of $4.43B in the same period a year earlier. The company had reported EPS of $20.67 on revenue of $3.54B in the previous quarter.
For the year, Booking shares are up 7.68%, broadly in line with the Nasdaq 100 which is up 7.86% year to date.
Booking follows other major Services sector earnings this month
On Thursday, October 25, 2018, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.
Alibaba earnings missed analyst's expectations on Friday, with second quarter EPS of $1.4 on revenue of $12.4B. Investing.com analysts expected EPS of $6.85 on revenue of $52,109M
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