Core Viewpoint - Booking Holdings Inc. is expected to report strong revenue and earnings growth for the fourth quarter of 2024, driven by robust leisure travel demand and a solid portfolio of initiatives [1][3][4]. Financial Performance - The Zacks Consensus Estimate for revenues is $5.19 billion, reflecting an 8.59% increase year-over-year [1]. - The consensus estimate for earnings is $35.75 per share, indicating an 11.72% rise from the previous year [1]. - Booking Holdings has consistently beaten earnings estimates in the past four quarters, with an average beat of 16.75% [2]. Growth Drivers - Strong leisure travel demand is anticipated to contribute significantly to top-line growth, with gross bookings expected to reach $34.33 billion, an 8.31% year-over-year increase [3]. - The company is focusing on expanding alternative accommodations through Booking.com, which is expected to benefit from increased property listings and traveler interest [5]. - Flight bookings increased by 39% and car rentals rose by 16% in the third quarter of 2024, contributing positively to overall gross bookings and revenue growth [6]. Challenges - The agency model is showing signs of weakness, with agency revenues estimated at $1.94 billion, a decline of 6.04% year-over-year [7]. - Booking Holdings faces challenges from macroeconomic uncertainties, geopolitical tensions, and increasing competition in the online travel sector, which may negatively impact performance [8]. Earnings Outlook - According to the Zacks model, Booking Holdings has an Earnings ESP of -2.51% and a Zacks Rank of 3, indicating a lower likelihood of an earnings beat compared to previous quarters [9].

Core Viewpoint - Booking Holdings (BKNG) is expected to report quarterly earnings of $35.75 per share, an increase of 11.7% year-over-year, with revenues projected at $5.19 billion, reflecting an 8.6% increase compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 2.8%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Agency' at $1.94 billion, a decrease of 6% from the prior-year quarter [5]. - 'Revenues- Advertising and Other Revenues' are expected to reach $256.63 million, an increase of 3.9% year-over-year [5]. - 'Revenues- Merchant' is projected at $2.99 billion, reflecting a significant increase of 20.9% compared to the same quarter last year [5]. Gross Bookings - Total 'Gross Bookings' are projected to be $34.34 billion, up from $31.70 billion reported in the same quarter last year [6]. - 'Gross Bookings - Agency' is estimated at $12.11 billion, down from $13.30 billion in the previous year [6]. - 'Gross Bookings - Merchant' is expected to reach $22.28 billion, an increase from $18.40 billion reported last year [7]. Units Sold - 'Units Sold - Room Nights' are projected to be 249.35 million, up from 231 million in the same quarter last year [7]. - 'Units Sold - Airline Tickets' are expected to reach 12.36 million, compared to 9 million a year ago [8]. - 'Units Sold - Rental Car Days' is estimated at 17.98 million, an increase from 15 million in the previous year [8]. Stock Performance - Booking Holdings shares have increased by 3% over the past month, while the Zacks S&P 500 composite has risen by 4.9% [8].

Booking Holdings (BKNG) closed the latest trading day at $4,897.32, indicating a -0.33% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.28%, while the tech-heavy Nasdaq depreciated by 0.36%.Shares of the online booking service have appreciated by 3.14% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 9.07% and the S&P 500's gain of 4.19%.The investment community will be ...

NORWALK, Conn., Feb. 11, 2025 /PRNewswire/ -- Priceline is pleased to announce the appointment of Sejal Amin as Chief Technology Officer. Sejal oversees product engineering, infrastructure, data and technology operations for Priceline. She will also drive Priceline's continued adoption and integration of generative and agentive AI as part of the company's mission to be the world's best travel dealmaker. With over 25 years of experience leading global teams and driving strategic digital transformations, Seja ...

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. However, high-profile stock splits continue to generate excitement, at least if the past few years are any indication. Furthermore, even though fractional shares are a thing, some investors still want to invest in a single whole share of a corporation, which becomes more challenging as the stock price rises.Le ...

Stock Performance - Booking Holdings (BKNG) ended the recent trading session at $4,774.33, showing a +1.11% increase from the previous day's close, outperforming the S&P 500's 0.53% gain [1] - Over the past month, BKNG's stock has dropped by 4.96%, underperforming the Retail-Wholesale sector's gain of 5.57% and the S&P 500's gain of 1.24% [1] Earnings and Revenue Forecast - The company is set to report earnings on February 20, 2025, with a forecasted EPS of $35.71, reflecting an 11.59% increase from the same quarter last year [2] - Revenue is projected to be $5.19 billion, marking an 8.48% rise compared to the equivalent quarter in the previous year [2] Analyst Estimates and Revisions - Recent shifts in analyst projections for Booking Holdings indicate changes in near-term business trends, with positive revisions signaling optimism about the company's profitability [3] - The Zacks Consensus EPS estimate has shifted 0.77% downward over the past month, and BKNG currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Booking Holdings has a Forward P/E ratio of 22.61, which is higher than the industry average of 21.79 [6] - The company's PEG ratio is 1.61, compared to the Internet - Commerce industry's average PEG ratio of 1.22 [7] Industry Ranking - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [7] - Industries ranked in the top 50% by Zacks Industry Rank tend to outperform the bottom half by a factor of 2 to 1 [8]

BARCELONA, Spain, Jan. 29, 2025 /PRNewswire/ -- Freightos (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced today that Norwegian Cargo, the cargo division of Norwegian Air UK, in collaboration with the independent Dutch GSA Euro Cargo Aviation (ECA), has joined the world's biggest air cargo booking platform, WebCargo by Freightos.This collaboration marks Norwegian Cargo's first digital booking platform integration, bringing real-time eBoo ...

Plus, celebrate at one of this year's Top 100 Romantic Restaurants featuring spots chosen by dinersSAN FRANCISCO, Jan. 28, 2025 /PRNewswire/ -- According to a survey commissioned by OpenTable, Valentine's Day dining is undergoing a dramatic shift, as singles and group celebrations redefine the traditionally couple-focused holiday. The data shows a remarkable 61% of singles are willing to dine out for a first date on February 14th, while 51% of all diners are considering double dates.1  The survey also indic ...

Booking Holdings (BKNG) ended the recent trading session at $4,764.89, demonstrating a -1.11% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.29%. On the other hand, the Dow registered a loss of 0.32%, and the technology-centric Nasdaq decreased by 0.5%.Shares of the online booking service have depreciated by 5.45% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 3.53% and the S&P 500's gain of 2.52%.Investors will be eag ...

Rise in City Jumping, Spiritual Sidequests and Feedbooking among top travel predictions for travel by 2030STAMFORD, Conn., Jan. 23, 2025 /PRNewswire/ -- Out with single-stop journeys, in with city jumping adventures. Bid farewell to self-care trips and welcome journeys of self-discovery and cosmetic-cations. Loyalty programs take a back seat as price-conscious travelers seek better deals.Today, KAYAK, the world's leading travel search engine, is rolling out its WTF - What the Future - report, giving travele ...