Booking Holdings Q1 2024 Adj EPS $20.39 Beats $14.06 Estimate, Sales $4.415B Beat $4.254B Estimate
Portfolio Pulse from Benzinga Newsdesk
Booking Holdings reported Q1 2024 adjusted EPS of $20.39, surpassing the $14.06 estimate, with sales of $4.415B also beating the $4.254B estimate, marking a 16.86% increase over the previous year.

May 02, 2024 | 8:04 pm
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POSITIVE IMPACT
Booking Holdings reported a significant beat on both EPS and sales estimates for Q1 2024, with a notable year-over-year sales increase.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year sales growth, is likely to be viewed positively by investors. This performance could lead to increased investor confidence and a potential uptick in BKNG's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100