Booking Holdings shares fall as revenue miss and travel outlook weigh on sentiment

Booking Holdings shares fell 2% in after-hours trading on Tuesday as weaker-than-expected third-quarter revenue and a subdued fourth-quarter forecast raised concerns about slowing international travel demand. The company reported adjusted earnings of $4.66 per share, beating analyst estimates, but revenue declined 1% from a year earlier to $8.9 billion, missing Wall Street expectations of $9.54 billion.

The revenue figure included a $900 million reduction related to a U.S. Federal Trade Commission matter. While travel bookings continued to grow, management warned about softer international demand and disruptions linked to the Middle East conflict, signaling a more challenging operating environment heading into the final quarter of the year.

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