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Booking Holdings Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2024, Booking Holdings (NASDAQ: BKNG) reported revenue of $4.42 billion, up 16.9% over the same period last year. EPS came in at $20.39, compared to $11.60 in the year-ago quarter.
The reported revenue represents a surprise of +3.87% over the Zacks Consensus Estimate of $4.25 billion. With the consensus EPS estimate being $14.03, the EPS surprise was +45.33%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and ...