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.
Many stock trading platforms offer the ability to buy fractional shares. So, no matter how expensive a stock gets, people can still invest in it without the company needing to resort to a stock split.
Booking Holdings (BKNG) closed the most recent trading day at $4,774.33, moving +1.11% from the previous trading session.