Shares of Booking Holdings Inc. rose more than 5% late Tuesday after the company formerly known as Priceline Group Inc. reported adjusted per-share earnings and sales above Wall Street expectations. Booking said it lost $555 million, or $11.41 a share, in the quarter, versus earnings of $674 million, or 13.47 a share, in the year-ago period. Adjusted for one-time items, the company earned $836 million, or $16.86 a share, in the quarter, compared with $711 million, or $14.21 a share, a year ago. Revenue rose to $2.8 billion, from $2.3 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of $14.12 a share on sales of $2.7 billion. Booking earlier this month changed its name from Priceline, saying it better reflects its business. Shares ended the regular trading session down less than 0.1%.
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