Booking Holdings: Q4 Earnings Snapshot

NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Booking Holdings Inc. (BKNG) on Thursday reported fourth-quarter earnings of $222 million.

The Norwalk, Connecticut-based company said it had profit of $6.28 per share. Earnings, adjusted for non-recurring costs, came to $32 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $29.72 per share.

The online booking service posted revenue of $4.78 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $4.66 billion.

For the year, the company reported profit of $4.29 billion, or $117.40 per share. Revenue was reported as $21.37 billion.

Booking Holdings shares have increased 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $3,901.99, a climb of 61% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKNG at https://www.zacks.com/ap/BKNG