By Katherine Hamilton
Booking recorded higher sales and profit in the fourth quarter as room nights and bookings increased.
The online travel agency on Wednesday posted a profit of $1.43 billion, or $44.22 a share, compared with $1.07 billion, or $31.95 a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were $48.80, ahead of the $48.69 anticipated by analysts, according to FactSet.
Revenue rose 16% to $6.35 billion. Analysts surveyed by FactSet forecast revenue of $6.14 billion.
Room nights increased 9% and gross bookings were up 16%.
Booking expects revenue to increase 14% to 16% in the current first quarter, and increase by a low double-digit percentage during the full year. Analysts were projecting 12% growth in the first quarter and 9.5% growth for the full year.
The company is anticipating full-year adjusted earnings per share to increase by a mid-teens percentage, while Wall Street was estimating an 18% increase.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 18, 2026 16:19 ET (21:19 GMT)
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