Investing.com - Booking (NASDAQ:BKNG) reported on Wednesday fourth quarter earnings 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 and are trading at $1,683.4 , down-from-52-week-high.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 Thursday, January 30, 2020, 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 Thursday, February 13, 2020 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.
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