Booking Holdings: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:11 PM ET
Last Updated - Dec 16, 2024, 05:50 PM EST
NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Booking Holdings Inc. (BKNG) on Wednesday reported third-quarter profit of $2.52 billion.
On a per-share basis, the Norwalk, Connecticut-based company said it had net income of $74.34. Earnings, adjusted for non-recurring costs, were $83.89 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $77.94 per share.
The online booking service posted revenue of $7.99 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $7.63 billion.
