Investing.com - Booking (NASDAQ:BKNG) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Booking announced earnings per share of $15.83 on revenue of $2.98B. Analysts polled by Investing.com anticipated EPS of $13.4 on revenue of $2.86B.
Booking shares are down 8% from the beginning of the year, still down 9.05% from its 52 week high of $2,715.66 set on February 16. They are outperforming the S&P 500 which is down 11.27% from the start of the year.
Booking shares gained 1.22% in after-hours trade following the report.
Booking follows other major Consumer Discretionary sector earnings this month
Booking's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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