(AOF) – Booking is expected to fall by more than 8% in pre-market on Wall Street despite better-than-expected results for the fourth quarter. Adjusted earnings per share came to $32, up 29% year-on-year, compared to a consensus of $29.86. Revenue rose 18% to $4.8 billion, compared to a consensus of $4.71 billion. What’s more, the group announces the introduction of a quarterly dividend of $8.75. According to Jefferies, it is the 2024 outlook that disappoints, with growth in reservations expected between 4 and 6%.
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