Booking Holdings Inc. (BKNG), founded in 1997 and headquartered in Norwalk, Connecticut, is a leading global provider of online travel and related services. With a market cap of $157.7 billion, Booking Holdings operates a portfolio of brands, including Booking.com, Priceline, Agoda, and Kayak, offering services across travel reservations, accommodations, and rental cars in more than 220 countries and territories. The company is scheduled to announce its fourth-quarter earnings results after the market closes on Thursday, Feb. 20.
Ahead of the event, analysts expect BKNG to report a profit of $35.71 per share, up 11.6% from $32 in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
Its adjusted earnings of $83.89 per share in the last quarter outpaced the consensus estimates by 7.6%. Booking Holdings’ Q3 outperformance was driven by robust growth in alternative accommodations, complementary travel…
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