Financial Results - Booking Holdings Inc. reported its financial results for Q1 2025, ending March 31, 2025[6] - The press release includes a consolidated balance sheet and statement of operations for the three months ended March 31, 2025[6] - Specific financial metrics and user data will be detailed in the attached Exhibit 99.1, which includes a financial and statistical supplement[8] Company Classification - The company is not classified as an emerging growth company under the Securities Act of 1933[5] Report Signing - The report was signed by Ewout L. Steenbergen, Executive Vice President and Chief Financial Officer, on April 29, 2025[12]

STAMFORD, Conn., April 29, 2025 /PRNewswire/ -- Today, KAYAK is rolling out KAYAK.ai where real-time travel information meets conversational search. KAYAK.ai delivers the most up to date, comprehensive pricing information from 400+ providers in a chat-first format that travelers can trust. New CTO joins KAYAK to accelerate AI efforts KAYAK brings on new CTO to accelerate AI initiatives. Leading the charge is KAYAK's new Chief Technology Officer, Yaron Zeidman who brings 29 years of experience and a fresh pe ...

Core Viewpoint - Booking Holdings will release its first quarter 2025 financial results on April 29, 2025, at approximately 4:00 p.m. ET, followed by a conference call to discuss these results at 4:30 p.m. ET on the same day [1][2]. Group 1: Financial Results Announcement - The financial results for the first quarter of 2025 will be available through a press release on the company's Investor Relations website [1]. - A conference call is scheduled for April 29 at 4:30 p.m. ET to discuss the financial results, which will be webcasted and available for audio replay for seven days [2]. Group 2: Company Overview - Booking Holdings is the leading provider of online travel and related services, operating in over 220 countries and territories through five main consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable [2]. - The company's mission is to facilitate global travel experiences for consumers and local partners [2].

Company Performance - Booking Holdings' stock closed at $4,839.60, reflecting a +0.24% change from the previous trading day, underperforming the S&P 500 which gained 0.74% [1] - Over the past month, Booking Holdings' shares increased by 1.58%, outperforming the Retail-Wholesale sector which declined by 3.18% and the S&P 500 which fell by 4.77% [2] Upcoming Earnings - The company's earnings report is scheduled for April 29, 2025, with an expected EPS of $17.20, representing a 15.64% decrease from the same quarter last year. Revenue is forecasted at $4.59 billion, indicating a 4% growth year-over-year [3] Full Year Estimates - For the full year, the Zacks Consensus Estimates project earnings of $207.09 per share and revenue of $24.96 billion, reflecting increases of +10.68% and +5.14% respectively from the previous year [4] Analyst Estimates - Recent changes in analyst estimates for Booking Holdings are significant, as upward revisions indicate analysts' positive outlook on the company's business operations and profit generation capabilities [5] - The Zacks Rank system, which evaluates these estimate changes, currently assigns Booking Holdings a rank of 3 (Hold) [7] Valuation Metrics - Booking Holdings has a Forward P/E ratio of 23.31, which is slightly below the industry's average Forward P/E of 23.5. The company also has a PEG ratio of 1.71, compared to the Internet-Commerce industry's average PEG ratio of 1.38 [8] Industry Context - The Internet-Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 145, placing it in the bottom 42% of over 250 industries. The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [9]

Booking Holdings Inc. (BKNG) is scheduled to report its first-quarter 2025 results on April 29.For the first quarter, the Zacks Consensus Estimate for revenues is pegged at $4.59 billion, suggesting growth of 4% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $17.22 per share, indicating a decline of 15.55% from the year-ago quarter’s reported number. The consensus mark has declined 2% in the past 30 days.The company’s earnings beat estimates in each of the trailing ...

Core Viewpoint - Analysts expect Booking Holdings (BKNG) to report quarterly earnings of $17.22 per share, reflecting a year-over-year decline of 15.6%, while revenues are anticipated to be $4.59 billion, an increase of 4% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been adjusted downward by 2.9% over the past 30 days, indicating a reassessment by analysts [1][2]. Revenue Projections - Analysts estimate 'Revenues- Agency' at $1.59 billion, a decrease of 9.7% year-over-year [4]. - 'Revenues- Advertising and Other Revenues' are projected to reach $275.31 million, reflecting a year-over-year increase of 4.3% [4]. - 'Revenues- Merchant' is expected to be $2.72 billion, indicating a year-over-year growth of 13.8% [4]. Gross Bookings - Total 'Gross Bookings' are expected to be $46.38 billion, up from $43.50 billion in the same quarter last year [5]. - 'Gross Bookings - Agency' is projected at $16.38 billion, down from $17.80 billion year-over-year [5]. - 'Gross Bookings - Merchant' is anticipated to reach $30.00 billion, compared to $25.80 billion in the same quarter last year [6]. Units Sold - 'Units Sold - Room Nights' are expected to total 317.84 million, up from 297 million year-over-year [6]. - 'Units Sold - Airline Tickets' is projected at 13.23 million, compared to 11 million in the previous year [7]. - 'Units Sold - Rental Car Days' is estimated to be 22.89 million, up from 21 million year-over-year [7]. Stock Performance - Booking Holdings shares have decreased by 0.7% over the past month, while the Zacks S&P 500 composite has declined by 5.1% [7].

Core Viewpoint - The market anticipates a year-over-year decline in Booking Holdings' earnings despite an increase in revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Booking Holdings is expected to report quarterly earnings of $17 per share, reflecting a year-over-year decrease of 16.6%, while revenues are projected to reach $4.59 billion, a 4% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 4.33% over the last 30 days, indicating a collective reassessment by analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Booking Holdings is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -9.92%, suggesting a bearish outlook from analysts [10][11]. Historical Performance - In the last reported quarter, Booking Holdings exceeded the expected earnings of $35.64 per share by delivering $41.55, resulting in a surprise of +16.58%. The company has beaten consensus EPS estimates in the last four quarters [12][13]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock performance, and the current combination of a negative Earnings ESP and a Zacks Rank of 3 complicates predictions for an earnings beat [14][16].

Core Insights - OpenTable's research indicates that 39% of mothers have to book their own Mother's Day meals, highlighting a desire for a stress-free dining experience [1][3] - The annual Top 100 Brunch Restaurants list aims to assist families in planning Mother's Day celebrations, which is the busiest dining day of the year [4] Dining Trends - 44% of mothers feel that having someone else make decisions enhances the specialness of Mother's Day [1] - 30% of mothers are considering dining out alone as part of their Mother's Day celebrations, reflecting a trend towards 'me time' [1] - 29% of families have had to make last-minute reservations within 24 hours of Mother's Day, with a 36% year-over-year increase in the use of 'Notify Me' alerts [3][18] Brunch Preferences - 46% of mothers prefer to start their celebrations early to maximize relaxation time, with a 19% year-over-year increase in brunch reservations at 10 AM [8][16] - Scenic views are a priority for mothers, with 64% desiring a waterfront or scenic view for their Mother's Day meal [8] - A chef's tasting menu is a must-have for 51% of mothers, with a 29% year-over-year increase in OpenTable Experience dining on Mother's Day [8][16] Top 100 Brunch Restaurants - The Top 100 Brunch Restaurants list for 2025 was compiled from over 10 million diner reviews and various metrics, including diner ratings and reservation demand [4][19] - California leads with 22 brunch spots, followed by New York with 12, featuring popular venues like Elena's and The Odeon [4]

Investment Rating - The report maintains an "Attractive" industry view for North America [8]. Core Insights - The report highlights a framework of "visibility to free cash flow (FCF) vs valuation" to analyze potential durable outperformance in the current macroeconomic environment, with META, GOOGL, and UBER identified as top performers [1][10]. - The macroeconomic outlook includes muted GDP growth expectations of 0.6% and 0.5% for 2025 and 2026, respectively, alongside firming inflation and a steady Federal Reserve [2]. - The report emphasizes the interconnectedness of e-commerce and digital advertising, noting that e-commerce drives online advertising and vice versa, with META positioned as the most resilient in the face of tariff impacts [4][5]. Summary by Sections Macro Factors - The focus is on three macro factors: business confidence, hiring trends, and consumer spending health, which are critical for driving investment and hiring decisions [2]. Tariff Exposure - The report details the estimated exposure of U.S. imports from China across various e-commerce companies, with AMZN and RVLV having around 18% exposure, while PTON and FIGS have less than 2% [3][19]. - It discusses the potential ripple effects of China tariffs on digital advertising, particularly affecting smaller businesses and 1P/3P sellers [4]. Visibility vs Valuation Framework - The report employs a quadrant analysis to assess visibility and valuation support, indicating that companies with higher visibility on earnings and cash flow are likely to receive more investor capital first [10][11]. - META and GOOGL are highlighted for their high margin and reasonable valuations, with META favored due to its audience engagement factors and innovations [13]. Company-Specific Insights - CHWY is noted for its high resilience and FCF visibility due to its autoship model, while UBER is recognized for its smaller standard deviation of FCF in 2026 [14][15]. - Companies like BKNG and DASH are also mentioned for their visibility and execution capabilities, while FIGS and PTON face more risks due to their discretionary nature and tariff impacts [16][17]. Price Target Changes - The report outlines price target adjustments for several companies, including a reduction for GOOGL from $210 to $185 and for META from $660 to $615, reflecting lowered revenue estimates due to macroeconomic pressures [39][40].

Core Insights - KAYAK's Spring Savings Travel Hacker Report highlights the importance of cost in travel decisions, with 78% of Americans considering cost as a key factor, particularly airfare costs at 50% [1][2] Travel Cost Analysis - Average airfare costs are stable compared to the previous spring, with significant savings opportunities available, especially in Asia [2] - Most affordable destinations for American travelers include Mexico City, Los Angeles, and Phoenix, with total costs for a five-day trip under $1,600 [3][4] - Internationally, Bangkok offers good value with affordable hotel rates despite higher airfare costs [3] Destination Cost Breakdown - The report provides a detailed cost analysis for various destinations, including: - Mexico City: Average airfare $416, hotel rate $211, total trip cost $1,471 - Los Angeles: Average airfare $303, hotel rate $249, total trip cost $1,547 - Phoenix: Average airfare $345, hotel rate $249, total trip cost $1,590 - Bangkok: Average airfare $1,169, hotel rate $116, total trip cost $1,747 [4] Flight Deals in Asia - Notable flight deals for Eastbound travel from April to June include: - China: Average airfare $1,276, $254 less than previous quarter - South Korea: Average airfare $1,265, saving $220 - Hong Kong: Average airfare $1,113, $199 cheaper this quarter [5] Expert Savings Tips - KAYAK's VP of Data Science offers tips for travelers to maximize savings: - Use multi-city search for cost-effective bookings - Set Price Alerts to monitor fare changes - Book accommodations via the KAYAK app for exclusive mobile rates [6][7]