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Booking (NASDAQ:BKNG) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS
['Patrick Bannon']
Daily Political
The business services provider reported $2.54 EPS for the quarter, topping the consensus estimate of $2.43 by $0.11, FiscalAI reports.
The business had revenue of $7.35 billion for the quarter, compared to analyst estimates of $7.19 billion.
Booking Trading Up 0.8%Shares of Booking stock opened at $194.27 on Wednesday.
Analyst rating and price target updatesBTIG reaffirmed a Buy rating and set a $250 price target, while Cantor Fitzgerald raised its target to $220 from $175, although it retained a Neutral rating.
According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $228.84.