Booking (NASDAQ:BKNG) reported first quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $11.17 on revenue of $2.84B. Analysts polled by forecast EPS of $11.3 on revenue of $2.93B. That compared to EPS of $12 on revenue of $2.93B in the same period a year earlier. The company had reported EPS of $22.49 on revenue of $3.21B in the previous quarter.
Booking shares lost 0.98% to trade at $1,719.00 in after-hours trade following the report.
Booking follows other major Services sector earnings this month
On April 25, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Visa A earnings Beat analysts' expectations on April 24, with second quarter EPS of $1.31 on revenue of $5.49B. analysts expected EPS of $1.24 on revenue of $5.46B
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