Booking Holdings, Inc. (NASDAQ:BKNG) shares are trading lower Friday after the company reported fourth-quarter financial results after the bell Thursday. Here’s a look at what to know.
The Details:
Booking Holdings reported quarterly earnings of $32.00 per share which beat the analyst consensus estimate of $29.86 by 7.17% and is a 29.35% increase over earnings of $24.74 per share from the same period last year.
The company reported quarterly sales of $4.78 billion, beating the analyst consensus estimate of $4.71 billion by 1.61% and representing an 18.15% increase over sales of $4.05 billion from the same period last year.
Booking also initiated a quarterly cash dividend of $8.75 per share, payable …