Investing.com - Booking (NASDAQ:BKNG) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Booking announced earnings per share of $19.08 on revenue of $4.29B. Analysts polled by Investing.com anticipated EPS of $18.25 on revenue of $4.34B.
Booking shares are down 24% from the beginning of the year, still down 27.59% from its 52 week high of $2,715.66 set on February 16. They are under-performing the Nasdaq which is down 19.03% from the start of the year.
Booking shares gained 3.94% in after-hours trade following the report.
Booking follows other major Consumer Discretionary sector earnings this month
Booking's report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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