Booking Holdings (BKNG) Misses Q2 EPS by 45c

Booking Holdings (NASDAQ: BKNG) reported Q2 EPS of ($2.55), $0.45 worse than the analyst estimate of ($2.10). Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $1.9 billion.

"We are encouraged by another quarter of meaningful sequential improvement in booking trends with second quarter room nights increasing 59% versus the first quarter of 2021, primarily driven by stronger results in Europe and in the U.S.," said Glenn Fogel, Chief Executive Officer of Booking Holdings. "We remain focused on strengthening our core accommodation business and driving benefits to our travelers and our accommodation supply partners alike. In addition, we continue to execute against our strategic priorities, including our Connected Trip vision, which we believe will further enhance our core accommodation business."

For earnings history and earnings-related data on Booking Holdings (BKNG) click here.

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