Booking Holdings Inc. (BKNG) reported a profit for second quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $895 million, or $27.43 per share. This compares with $1.52 billion, or $44.38 per share, last year.
Excluding items, Booking Holdings Inc. reported adjusted earnings of $1.81 billion or $55.40 per share for the period.
Analysts on average had expected the company to earn $50.4 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.9% to $6.79 billion from $5.86 billion last year.
Booking Holdings Inc. earnings at a glance (GAAP) :
-Earnings: $895 Mln. vs. $1.52 Bln. last year.-EPS: $27.43 vs. $44.38 last year.-Revenue: $6.79 Bln vs. $5.86 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.