Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of ...

Booking Holdings (BKNG) ended the recent trading session at $3,490.62, demonstrating a -0.44% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw an increase of 0.43%.The online booking service's shares have seen a decrease of 0.84% over the last month, not keeping up with the Retail-Wholesale sector's gain of 0.4% and the S&P 500's gain of 2.08%.Market par ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Booking Holdings (BKNG) . This company, which is in the Zacks Internet - Commerce industry, shows potential for another earnings beat.This online booking service has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two ...

The Nasdaq 100 has been an emotional ride for investors. From a heart-stopping 34% plunge in 2022 to giddy elation at last year’s 54% surge, the tech-heavy index has been a non-stop, white-knuckle experience. Where it heads next is anyone’s guess.Comprised of the 100 largest non-financial companies listed on the Nasdaq exchange, the index stands pretty much where it stood two years ago. The whipsaw effect sometimes means the market gets it wrong. The wisdom of crowds is not always correct. For savvy investo ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Sc ...

In this articleMUBKNGNKEWorkers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019.Tingshu Wang | ReutersThe U.S. stock market started 2024 on a dismal note, but investors will need to look past the short-term uncertainty.Rather than worrying about the slow start to the year, investors should focus on adding stocks with attractive long-term prospects to their portfolios.With that in mind, here are three stocks favored by Wall Street's top pros, according to TipRanks, a platform ...

About this content About Jessica Davies Jessica has spent 15 years covering private and public markets, business, law and investment in the transition to cleaner energy. She spent several years as an editor at Dow Jones, covering private equity and private markets, where she led the team that broke the news of alleged misuse of funds at Abraaj Group. During her time at the company, she sat on the Women @ Dow Jones committee. She also spent four years as an editor and journalist at Centaur Media PLC cove ...

JHVEPhoto Thesis Bouncing back stronger after the worldwide Covid-19 disruptions, the online travel services industry appears to be improving constantly, establishing itself with consumers across the world. Booking Holdings (NASDAQ:BKNG), being the market leader, has and continues to occupy a select spot with consumers' travel arrangement efforts. In this analysis, I explore the industry's prospects, as well as the company's financial performance, attributes, and valuation. Business Model & Market Leade ...

Summary of Booking Holdings Inc (NASDAQ:BKNG) Nasdaq 49th Investor Conference Call Company Overview - **Company**: Booking Holdings Inc (NASDAQ:BKNG) - **Date**: December 6, 2023 - **Participants**: David Goulden (CFO), Brian Nowak (Morgan Stanley) Key Industry Insights State of Travel Demand - **Consumer Profile**: Strong consumer demand with increasing booking windows, indicating confidence in travel plans [4][5] - **Length of Stay**: Increase in length of stay observed, contrary to expectations of a potential slowdown [4] - **Market Outlook**: Positive outlook for 2024 with more visibility in bookings compared to previous years [5] Average Daily Rates (ADRs) - **ADR Trends**: ADRs have increased faster than demand recovery, influenced by inflationary pressures [7][8] - **Future Projections**: Expected 2% year-on-year increase in ADRs for Q4, aligning more closely with inflation rates [8][9] Regional Performance - **US Market**: Growth in the US has decelerated compared to other regions, attributed to a strong rebound in 2022 [12][14] - **International Travel**: Shift from domestic to international travel impacting US travel players, with international airlines performing better [16][18] Financial Performance and Growth Strategy Key Performance Indicators (KPIs) - **Pre-COVID Growth Rates**: Bookings revenue growth at 8% and EPS growth at 15% in 2019 [20] - **Future Growth Expectations**: Anticipation of faster growth than pre-COVID levels due to enhanced capabilities and diversified offerings [21][22] Investment in Technology and AI - **AI Integration**: Implementation of AI tools for travel assistance and customer service, enhancing user experience and operational efficiency [26][27][31] - **Productivity Gains**: Focus on improving developer productivity and customer service efficiency through AI [32][46] Marketing and Customer Engagement Marketing Strategy - **Marketing Spend**: Increased marketing and merchandising spend during recovery years, currently at 6% of gross bookings [42][43] - **Direct Mix Strategy**: Aiming to increase direct bookings to reduce marketing costs as a percentage of total bookings [45] Loyalty Program - Genius - **Genius Program Update**: Expanded to include more tiers and benefits, with a focus on integrating across all service offerings [51][56] - **Adoption Rates**: Significant adoption of Genius program, with millions at higher tiers, indicating strong customer loyalty [54][55] Alternative Accommodations - **Growth in Alternative Segment**: Alternative accommodations now account for one-third of bookings, growing at 24% year-on-year [58][59] - **Focus on US Market**: Continued emphasis on expanding alternative accommodations in the US, which lags behind Europe in market maturity [61][62] Capital Allocation and Shareholder Returns - **Buyback Strategy**: Commitment to $24 billion in share repurchases over four years, aimed at offsetting stock-based compensation dilution [64][65] - **Financial Health**: Maintaining a balanced approach to leverage while aggressively returning capital to shareholders [65] Conclusion - **Overall Outlook**: Booking Holdings is positioned for growth with a strong consumer demand outlook, strategic investments in technology, and a focus on enhancing customer loyalty through innovative programs and marketing strategies.

Booking Holdings Inc. (NASDAQ:BKNG) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Glenn Fogel - Chief Executive Officer David Goulden - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Justin Post - Bank of America Kevin Kopelman - TD Cowen Lloyd Walmsley - UBS Doug Anmuth - JPMorgan Lee Horowitz - Deutsche Bank Eric Sheridan - Goldman Sachs Ron Josey - Citigroup John Colantuoni - Jefferies Operator Welcome to Booking Holdings Third Quarter 202 ...