In early June, Morgan Stanley (NYSE:MS) published a report on travel industry trends. The results confirm what many investors believe when it comes to the best travel stocks. That is, follow the money. This earnings season, investors have heard a familiar refrain from many companies. The consumer may be willing to spend, but their wallets are telling another story. With the impact of a nearly 5% rise in interest rates in about 12 months fully taking root in the economy, consumers are tapping out. However, a ...

Booking Holdings (BKNG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this online booking service have returned -17.2%, compared to the Zacks S&P 500 composite's -6.5% change. During this period, the Zacks Internet - Commerce industry, which Booking Holdings falls in, has lost 14.8%. The key question now is: What could be the stock ...

| --- | --- | --- | --- | --- | |----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|---------|-------| | ...

Thomas Barwick Booking Holdings (NASDAQ:BKNG) shares are having quite a volatile year, as investors struggle to balance best-in-class execution and a worse-than-expected industry slowdown. Following the post-earnings selloff, I argue that the valuation now reflects said tension although I do have worries about losing share to Airbnb in the quarter. Let's dive in. Unpacking A Volatile Year I initiated coverage on Booking Holdings a few months ago, rating the company a 'Buy', as I found it to be the undeniabl ...

Booking Holdings Inc. (NASDAQ:BKNG) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Glenn Fogel - Chief Executive Officer Ewout Steenbergen - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Kevin Kopelman - TD Cowen Justin Post - Bank of America Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs James Lee - Mizuho Securities Stephen Ju - UBS Lee Horowitz - Deutsche Bank. John Colantuoni - Jefferies Naved Khan - B. Riley Securities Operator Welco ...

Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported a 7% year-over-year increase in room nights booked, reaching 287 million for the second quarter. This growth highlights strong demand for travel services and underscores the success of the company's new technology integrations. Booking Holdings CEO Glenn Fogel noted the number of nights booked has surged nearl ...

Booking Holdings (BKNG) reported $5.86 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.3%. EPS of $41.90 for the same period compares to $37.62 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $5.78 billion, representing a surprise of +1.36%. The company delivered an EPS surprise of +6.37%, with the consensus EPS estimate being $39.39. While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Booking Holdings (BKNG) came out with quarterly earnings of $41.90 per share, beating the Zacks Consensus Estimate of $39.39 per share. This compares to earnings of $37.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.37%. A quarter ago, it was expected that this online booking service would post earnings of $14.03 per share when it actually produced earnings of $20.39, delivering a surprise of 45.33%. Over the last four ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-36691 Booking Holdings Inc. (Exact name of registrant as specified in its charter) Delaware 06-1528493 (State or other jurisdictio ...

Exhibit 99.1 nd Booking Holdings Reports Financial Results for 2 Quarter 2024 NORWALK, CT – August 1, 2024. . . Booking Holdings Inc. (NASDAQ: BKNG) (the "Company," "we," "our," or "us") today reported its second quarter 2024 financial results: • Room nights booked increased 7% from the prior-year quarter. • Gross travel bookings, which refers to the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations, were $41.4 billion, an increas ...