Despite economic challenges, this year is shaping to be a banner year for travel stocks.This positive outlook is due to the sector’s recovery efforts as it approaches pre-pandemic levels. Even as the U.S. economy grapples with stingy inflation and the Federal Reserve’s cautious stance on cutting interest rates, the travel industry thrives on pent-up demand and growing investment opportunities.Moreover, according to market estimates, the travel market will expand by $3.39 trillion at a CAGR of 14.18% from 20 ...

Thomas Barwick Without a doubt, Booking Holdings Inc.’s (NASDAQ:BKNG) track record makes it one of the best compounders in the market. This company has posted positive EPS growth during 19 out of the last 20 years. 18 out of those 19 positive growth years provided shareholders with double and triple-digit EPS growth. BKNG’s only down year occurred in 2020, when government regulations caused the world to basically shut down, turning off travel, and crushing BKNG’s bottom-line. Its EPS fell by 95% in 2020 ...

Booking Holdings Inc. (BKNG) reported non-GAAP earnings of $32 per share for fourth-quarter 2023, beating the Zacks Consensus Estimate by 7.7%. The figure jumped 29% from the year-ago quarter.Revenues of $4.78 billion surpassed the Zacks Consensus Estimate of $4.66 billion. The top line improved 18% year over year on a reported basis and 17% on a constant-currency (cc) basis.Solid travel demand and booking trends from the year-ago quarter were tailwinds.Booking Holdings witnessed growth of 10.7% in rental c ...

Glenn Fogel - Chief Executive Officer Booking Holdings Inc. (NASDAQ:BKNG) Q4 2023 Earnings Conference Call February 22, 2024 4:30 PM ET David Goulden - Chief Financial Officer Justin Post - Bank of America/Merrill Lynch Mark Mahaney - Evercore ISI Brian Nowak - Morgan Stanley Eric Sheridan - Goldman Sachs Welcome to Booking Holdings Fourth Quarter and Full Year 2023 Conference Call. Booking Holdings would like to remind everyone that this call may contain forward-looking statements which are made pursuant t ...

For the quarter ended December 2023, Booking Holdings (BKNG) reported revenue of $4.78 billion, up 18.2% over the same period last year. EPS came in at $32.00, compared to $24.74 in the year-ago quarter.The reported revenue represents a surprise of +2.74% over the Zacks Consensus Estimate of $4.66 billion. With the consensus EPS estimate being $29.72, the EPS surprise was +7.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Booking Holdings (BKNG) came out with quarterly earnings of $32 per share, beating the Zacks Consensus Estimate of $29.72 per share. This compares to earnings of $24.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.67%. A quarter ago, it was expected that this online booking service would post earnings of $67.86 per share when it actually produced earnings of $72.32, delivering a surprise of 6.57%.Over the last four quarte ...

Booking Holdings Inc. (BKNG) is scheduled to report its fourth-quarter 2023 results on Feb 22.For the fourth quarter, the Zacks Consensus Estimate for revenues is pegged at $4.65 billion, suggesting growth of 14.9% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $29.69 per share, indicating a rise of 20% from the year-ago quarter’s reported number. The consensus mark has increased 0.2% in the past 30 days.The company’s earnings beat estimates in all the trailing four ...

MADRID, SPAIN - JANUARY 2024: Booking.com stand at FITUR on January 28, 2024 in Madrid, Spain. ... [+] (Photo by Cristina Arias/Cover/Getty Images)Getty ImagesBooking Holdings (NASDAQ: BKNG), the world’s largest online travel agency, that offers services from lodging to airline tickets to car rentals, is scheduled to announce its fiscal fourth-quarter results on Thursday, February 22. We expect the company’s stock to likely trade lower with revenues and earnings missing market expectations marginally. Booki ...

Statistical Data Units Sold in millions and Gross Bookings and Total Revenues in billions (Unaudited) (1) Booking Holdings Inc. Initiation of a Quarterly Dividend 3 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------|-------|----------|----------|-------|----------|-------|----------|-------|----------|-------|----------|-------|-------|----------|-------|----------|-------|----------| | Units Sold | | 1Q22 | 2Q22 | | 3Q ...

The Company's Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries, including acquired businesses from the dates of acquisition. All intercompany accounts and transactions have been eliminated in consolidation. The Company's financial results and prospects are almost entirely dependent on facilitating the sale of travel-related services. The COVID-19 pandemic, since its outset in 2020, and the resulting implementation of travel restrictions by governments a ...