Booking Holdings: Q3 EPS beats estimates, revenue misses
FROM THE WIRE · FINANCE.YAHOO.COM
NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Booking Holdings Inc. (BKNG) on Tuesday reported third-quarter net income of $2.72 billion. On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $3.61. Earnings, adjusted for one-time gains and costs, came…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings beat but revenue missed, with the stock already down year to date.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Booking reported third-quarter net income of $2.72 billion.
- 02Adjusted EPS was $4.66 versus estimates of $4.48.
- 03Revenue of $8.89 billion did not meet forecasts.
- 04Shares have fallen 29% since the beginning of the year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets