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Priceline Group Inc (NASDAQ: PCLN ) - now known as Booking Holdings - released its latest quarterly earnings results after hours today.
On an adjusted basis, the company earned $836 million, tallying up to $16.86 per share, coming in ahead of the year-ago total of $711 million, or $14.21 per share. Revenue was better, rising from $2.3 billion to $2.8 billion in the fourth quarter of fiscal 2018.
Analysts were calling for adjusted earnings of $14.12 per share, while revenue was slated to come in at $2.7 billion, according to data compiled by FactSet . The decision to change the name from Priceline Group to Booking Holdings came earlier in February as the company believes the new name will go a long way in better reflecting the company's business.
PCLN stock was trading flat after the bell Tuesday.
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The post Priceline Group Inc (PCLN) - Now Booking Holdings - Beats Q4 Outlook appeared first on InvestorPlace .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
