Investing.com - Booking (NASDAQ:BKNG) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Booking announced earnings per share of $3.9 on revenue of $2.7B. Analysts polled by Investing.com anticipated EPS of $0.8759 on revenue of $2.53B.
Booking shares are down 24% from the beginning of the year and are trading at $2,355.40 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.78% from the start of the year.
Booking shares gained 11.98% in after-hours trade after the report.
Booking follows other major Consumer Discretionary sector earnings this month
Booking's report follows an earnings missed by Amazon.com on Thursday, April 28, 2022, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar