Booking Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Booking Holdings Inc BKNG.OQ reported quarterly adjusted earnings of $24.81​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $20.39. The mean expectation of twenty nine analysts for the quarter was for earnings of $17.33 per share. Wall Street expected results to range from $13.21 to $22.07 per share.

• Revenue rose 7.9% to $4.76 billion from a year ago; analysts expected $4.59 billion.

• Booking Holdings Inc's reported EPS for the quarter was $10.07​.

• The company reported quarterly net income of $333 million.

• Booking Holdings Inc shares had risen by 6.1% this quarter and lost 1.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"

• Wall Street's median 12-month price target for Booking Holdings Inc is $5,580.00

This summary was machine generated from LSEG data April 30 at 12:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)