Booking Holdings’ BKNG Stock Soars on Earnings Beat as Travel Boom Defies Economic Fears
Booking Holdings reported Q3 adjusted earnings of $99.50 per share on $9.01 billion revenue, beating Wall Street estimates. Net profit reached $2.75 billion as gross travel bookings rose 14% to $49.7 billion. Shares jumped nearly 5% after hours, trading near $5,300. The company projected 11–13% gross bookings growth for the holiday quarter.