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This Article is From Aug 09, 2018

Booking Holdings Falls After Delaying Earnings Report One Day

(Bloomberg) -- Booking Holdings Inc. fell as much as 2.9 percent after delaying its second-quarter earnings report while it was still confirming “certain business metrics.”

Financial results have been finalized and are ready to report, the Norwalk, Connecticut-based travel giant said in a statement Wednesday, when the results were due to be published. Now, Booking, formerly known as Priceline Group, will report around 7:30 a.m. on Thursday morning New York time, the company said. It will also hold a conference call for analysts later in the morning.

Booking had gained 18 percent to $2,045 a share this year through the end of trading on Wednesday.

A spokeswoman didn't immediately respond to requests for comment.

Here is a preview of Booking's results.

To contact the reporter on this story: Gerrit De Vynck in New York at gdevynck@bloomberg.net

To contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Andrew Pollack

©2018 Bloomberg L.P.

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