Booking Holdings (BKNG) Q4 Earnings Beat, Revenues Rise Y/Y
Booking Holdings(BKNG) Zacks Investment Research·2024-02-23 18:01
Booking Holdings Inc. (BKNG) reported non-GAAP earnings of $32 per share for fourth-quarter 2023, beating the Zacks Consensus Estimate by 7.7%. The figure jumped 29% from the year-ago quarter.Revenues of $4.78 billion surpassed the Zacks Consensus Estimate of $4.66 billion. The top line improved 18% year over year on a reported basis and 17% on a constant-currency (cc) basis.Solid travel demand and booking trends from the year-ago quarter were tailwinds.Booking Holdings witnessed growth of 10.7% in rental c ...