Booking Holdings Q4 EPS $32.00 Beats $29.86 Estimate, Sales $4.78B Beat $4.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Booking Holdings reported Q4 earnings of $32.00 per share, surpassing the $29.86 estimate, and sales of $4.78B, exceeding the $4.71B estimate. This represents a 29.35% increase in earnings and an 18.15% increase in sales from the same period last year.
February 22, 2024 | 9:02 pm
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POSITIVE IMPACT
Booking Holdings exceeded Q4 earnings and sales estimates, showing strong year-over-year growth.
The significant beat on both earnings per share and sales estimates, coupled with the substantial year-over-year growth in these metrics, suggests a positive outlook for Booking Holdings. This performance could lead to increased investor confidence and a potential short-term uptick in BKNG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100