(C) Reuters. Booking Earnings, Revenue Miss in Q1
Booking announced earnings per share of $3.77 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $6 on revenue of $2.3B. That with comparison to EPS of $11.17 on revenue of $2.84B in the same period a year before. Booking had reported EPS of $23.3 on revenue of $3.34B in the previous quarter. Analysts are expecting EPS of $2.36 and revenue of $1.86B in the upcoming quarter.
Booking shares are down 29% from the beginning of the year , still down 31.13% from its 52 week high of $2,094.00 set on January 10. They are under-performing the S&P 500 which is down 11.2% year to date.
Booking shares lost 2.92% in after-hours trade following the report.
Booking’s report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Booking Earnings, Revenue Miss in Q1
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