(Updates with the stock move in the headline and the first paragraph.)
Booking (BKNG) shares were up 6.5% in premarket activity Wednesday after the company reported overnight higher-than-expected growth in Q2 adjusted earnings and sales.
The company reported Q2 adjusted net income late Tuesday of $2.54 per diluted share, up from $2.22 a year earlier.
Analysts polled by FactSet expected $2.43.
Revenue for the quarter ended June 30 rose to $7.35 billion from $6.80 billion a year earlier.
Analysts expected $7.19 billion.
The company expects Q3 revenue growth of 4% to 6%. Analysts expect revenue of $9.71 billion.
Booking estimates 2026 adjusted EPS growth in the low- to mid-teens and revenue growth in high-single digits. Analysts expect adjusted EPS of $10.46 and revenue of $29.34 billion.
The company maintained its quarterly dividend at $0.42 per share, payable Sept. 30 to stockholders of record Sept. 11.
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