At the core of Booking Holdings' long-term strategy is CEO Glenn Fogel's belief in the impact of generative artificial intelligence (GenAI). He is looking to this technology as a cornerstone for long-term growth in the travel industry.
While the top- and bottom-line numbers for Booking Holdings (BKNG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Booking Holdings (BKNG) came out with quarterly earnings of $41.55 per share, beating the Zacks Consensus Estimate of $35.64 per share. This compares to earnings of $32 per share a year ago.
Travel services specialist Booking Holdings (BKNG -1.81%) reported its fourth-quarter financial results on Thursday, Feb. 20, that topped analysts' consensus expectations. Adjusted earnings per share of $41.55 came in well above the analyst estimate of $36.08.
Online travel agency Booking Holdings surpassed analysts' expectation for fourth-quarter profit and revenue on Thursday, helped by booming demand for international travel, sending its shares up about 5% after the bell.
Analysts expect Booking Holdings to post 13% earnings growth and an 8% revenue increase. The post Booking Holdings Earnings On Deck.
BKNG's fourth-quarter 2024 results are likely to reflect strength in gross bookings, hotel room nights sold, and airline ticket units sold.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Booking Holdings (BKNG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Booking Holdings (BKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com users have recently been watching Booking Holdings (BKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The latest trading day saw Booking Holdings (BKNG) settling at $4,897.32, representing a -0.33% change from its previous close.
Booking Holdings is a leading online travel company with a $160 billion market cap, showing solid financial position and long-term stock growth. The company's aggressive buyback strategy and high profitability metrics make it an appealing buy and hold investment, despite its high valuation. Recent 13% pullback offers a re-entry opportunity with a target of +20%, supported by positive earnings momentum.