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Booking Holdings (NASDAQ:BKNG) shares rose more than 4% after-hours following the company’s reported Q3 results, with EPS of $53.03 coming in better than the consensus estimate of $49.55.
Revenue grew 29% year-over-year (up 47% on a constant-currency basis) to $6.1 billion, beating the consensus estimate of $5.93 billion. Q3 gross travel bookings increased 36% year-over-year (up 52% increase on a constant-currency basis) to $32.1 billion.
“I am encouraged by the strong results we are reporting today, including the highest amount of quarterly revenue and Adjusted EBITDA ever for our company. We saw an improvement in room night trends as we moved through the quarter and accommodation ADR growth continued to be strong,” said Glenn Fogel, CEO of Booking Holdings.
