Picture of Booking Holdings logo

BKNG Booking Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapNeutral

PREVIEW: Booking Holdings seen reporting higher rev and earnings

** Online travel agent Booking Holdings BKNG.O shares down 0.8% on Tuesday ahead of Q3 report due after market close

** Wall Street sees co reporting adj EPS of $95.42 vs $83.89 in yr-ago quarter on rev of $8.72 bln, up ~9% yr/yr, according to LSEG

** In the last 8 quarters, BKNG beat the Street on EPS and rev every time

** In July, BKNG's Q2 profit, revenue beat consensus as international bookings offset weak U.S. travel spending. It forecast Q3 revenue growth in range of 7% to 9%

**Shares last traded at $5,214.49 vs median PT of $6,100, according to LSEG, which shows 40 analyst ratings: 6 'strong buy,' 20 'buy' and 14 'hold'

** YTD stock up ~5% vs gain of ~7% for S&P 500 consumer discretionary index .SPLRCD and ~4% gain for S&P 500 Hotels Restaurants & Leisure industry index .SPLRCHRL

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))

Recent news on Booking Holdings

See all news