Categories Consumer, Earnings

Booking Holdings (BKNG): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Booking Holdings Inc. (NASDAQ: BKNG) reported Q4 2019 earnings of $23.30 per share, vs. $22.04 expected.

— Q4 revenues grew 4% to $3.34 billion, vs. $3.28 billion expected.

— Q4 gross travel bookings increased 5% to $20.7 billion.

— Q1 2020 revenue is expected to be down 3% to 7%.

— Q1 2020 GAAP EPS is expected to be $7.95 to $8.55.

— Q1 2020 adjusted EPS is expected to be $9.05 to $9.65.

— CEO: While the outlook for global travel in the near- term is uncertain due to the coronavirus, we will manage the business appropriately to enhance long-term value for our stakeholders.

— BKNG shares fell 3.9% immediately following the announcement.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

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