Investing.com - Booking (NASDAQ:BKNG) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $45.36 on revenue of $5.04B. Analysts polled by Investing.com anticipated EPS of $44.54 on revenue of $5.08B. That compared to EPS of $37.78 on revenue of $4.85B in the same period a year earlier. The company had reported EPS of $23.59 on revenue of $3.85B in the previous quarter.
For the year, Booking shares are up 7.29%, under-performing the Nasdaq which is up 29.62% year to date.
Booking follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analyst's expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
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