Categories Earnings, Technology

Booking Holdings (BKNG): Q3 2019 Earnings Snapshot

— Booking Holdings Inc. (NASDAQ: BKNG) reported Q3 2019 earnings of $45.36 per share, vs. $44.57 expected.

— Revenues grew 4% to $5 billion, vs. $5.07 billion expected.

— Gross travel bookings increased 4% to $25.3 billion.

— Q4 2019 revenue is expected to be down 0.5% to up 1.5%.

— Q4 2019 GAAP net income is expected to be $860-880 million.

— Q4 2019 adjusted net income is expected to be $905-925 million.

— Q4 2019 GAAP EPS is expected to be $20.40-20.90.

— Q4 2019 adjusted EPS is expected to be $21.50-22.00.

— BKNG shares gained 4.3% immediately following the announcement.

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