How did BKNG's Q4 2024 EPS outperform forecasts?

Booking Holdings' (BKNG) Q4 2024 EPS outperformed forecasts due to several key factors:

1. **Strong Revenue Performance**: BKNG's revenue for the quarter was $5.47 billion, which was slightly higher than the expected $5.46 billion. This revenue outperformance can be attributed to strong travel demand, particularly in the post-pandemic recovery period.
2. **Strategic Initiatives**: The company's strategic initiatives and successful expansion into alternative accommodations contributed to its robust financial performance. These initiatives have likely boosted bookings and increased revenue from additional services.
3. **Market Leadership**: Booking Holdings' strong global brand portfolio and market leadership in key regions have allowed it to capture a significant share of the travel market, leading to better revenue and profitability.

In summary, BKNG's Q4 2024 EPS outperformance can be attributed to strong revenue, strategic initiatives, and market leadership. These factors collectively contributed to the company's robust financial performance, surpassing market expectations.