Booking Holdings Stock Pops On Q2 Earnings, Revenue Beats
Portfolio Pulse from Ryan Gustafson
Booking Holdings Inc. reported Q2 earnings of $37.62 per share, beating the analyst consensus estimate of $28.80, a 97.17% increase from the same period last year. The company also reported quarterly sales of $5.46 billion, beating the analyst consensus estimate of $5.17 billion, a 27.2% increase from last year. Gross travel bookings were $39.7 billion, a 15% YoY increase. The company's shares were up 9.3% at $3,104.00 at the time of publication.
August 04, 2023 | 2:41 pm
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Booking Holdings Inc. reported strong Q2 earnings and sales, beating analyst estimates. The company's shares were up 9.3% following the announcement.
Booking Holdings Inc. reported strong Q2 earnings and sales, significantly beating analyst estimates. This positive financial performance, coupled with the company's optimistic outlook for Q3, has led to a surge in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100