Booking Holdings(US:BKNG) 智通财经网·2025-07-29 23:53Core Viewpoint - Booking Holdings reported strong Q2 results with revenue growth of 16% year-over-year, reaching $6.8 billion, exceeding market expectations of $6.55 billion [1] - The company provided a cautious outlook for Q3, citing economic and geopolitical uncertainties that may impact travel demand [1] Financial Performance - Q2 adjusted earnings per share increased by 32% to $55.40, surpassing the market forecast of $50.38 [1] - Total bookings for Q2 grew by 13% to $46.7 billion, exceeding analyst expectations, with a 7.7% increase in nights booked [1] - Air ticket sales surged by 44% during the same period [1] Future Outlook - Booking adjusted its full-year total bookings growth rate to "high single digits," an improvement from the "mid-high single digits" range provided in April [2] - The CEO highlighted strong growth in Europe and Asia, particularly in Asia where growth reached low double digits [2] - The CFO noted that lower average room rates in the U.S. and shorter stays indicate consumer caution in spending amid the current economic environment [2] Market Context - The report reflects mixed guidance from the U.S. travel industry, with Delta Airlines restoring performance guidance while American Airlines provided a more pessimistic outlook [1] - Despite the cautious outlook, travel demand trends have remained stable, aiding the company's improved full-year guidance [2] - Following the earnings report, Booking's stock fell by 1.87% in after-hours trading, although it has risen 13% year-to-date, outperforming the S&P 500's 8.3% increase [2]