BKNG Earnings: Booking Holdings’ Financial Results Top Estimates Across the Board

Online travel agency Booking Holdings (BKNG) has reported fourth-quarter 2024 financial results that beat Wall Street’s expectations across the board.

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The Connecticut-based company announced earnings per share (EPS) of $41.55. That was far ahead of the $36.08 that was the consensus expectation of analysts who track the company’s progress. Revenue in the final months of 2024 totaled $5.47 billion, beating forecasts that called for $5.19 billion.

For all of last year, the company reported EPS of $172.69 on revenue of $23.74 billion. Management attributed the strong results to booming demand for international travel. In particular, leisure travel in Europe, the company’s largest market, has remained strong, led by trips among American travelers.

Rising Demand in Asia

Travel demand has also been rising in Asia-Pacific, with destinations in Southeast Asia benefiting from an influx of Chinese…