Booking Holdings (BKNG) Stock Books Gains of 5% Following Q3 Beat as Revenue Surged 77% on Recovery

Booking Holdings (NASDAQ: BKNG) shares were trading around 5% higher after-hours following the company's reported Q3 results, with EPS coming in at $37.70, beating the consensus estimate of $32.73. Quarterly revenue grew 77% year-over-year to $4.68 billion, compared to the consensus estimate of $4.28 billion.

According to Glenn Fogel, the CEO of Booking Holdings, they are pleased to deliver another quarter of sequential improvement in room night trends (up 44% year-over-year), which was mainly due to better results in Europe.

Fogel said he is "encouraged" by the signs of recovery seen in the quarter.

You May Also Be Interested In

• Varonis Said To Weigh Sale After Takeover Interest - Bloomberg
• DOE To Make $17.5B In Loans Available To Finance Nuclear - WSJ
• Regenxbio shares jump after FDA agrees to reverse drug rejection