Booking Earnings, Revenue Beat in Q1
2022.05.04 23:37
Booking Earnings, Revenue Beat in Q1
Investing.com – Booking (NASDAQ:BKNG) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Booking announced earnings per share of $3.9 on revenue of $2.7B. Analysts polled by Investing.com anticipated EPS of $0.8759 on revenue of $2.53B.
Booking shares are down 3% from the beginning of the year, still down 22.55% from its 52 week high of $2,715.66 set on February 16. They are outperforming the Nasdaq which is down 17.13% from the start of the year.
Booking follows other major Consumer Discretionary sector earnings this month
Booking’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
