Booking Reports Exceptional Q1 Earnings as Travel Demand Fuels Growth
Booking Holdings (NASDAQ: BKNG) has delivered an outstanding first-quarter performance, surpassing both earnings and revenue expectations driven by increasing travel demand across its global platform.
The company posted earnings per share of $24.81, far exceeding the consensus estimate of $17.45. Revenue increased by 8 percent year-over-year, reaching $4.76 billion, comfortably beating projections of $4.59 billion. On a constant currency basis, the revenue growth hit 10 percent.
Key metrics such as room nights and gross bookings saw impressive increases of 7 percent compared to the previous year, with bookings rising by 10 percent when adjusted for currency effects. These results demonstrate the sustained strength in global travel demand and the companyโs effective geographic diversification.