Investing.com - Booking (NASDAQ:BKNG) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Booking announced earnings per share of $-10.81 on revenue of $630M. Analysts polled by Investing.com anticipated EPS of $-11.77 on revenue of $559.8M.
Booking shares are down 14% from the beginning of the year, still down 16.48% from its 52 week high of $2,094.00 set on January 10. They are under-performing the Nasdaq which is up 23.8% from the start of the year.
Booking follows other major Services sector earnings this month
Booking's report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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