Booking Holdings Inc. (NASDAQ:BKNG) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BKNG to report 3Q20 income of $ 14.30 per share.
For the full year, analysts anticipate top line of $ 7511.73 million, while looking forward to income of $ 16.81 per share bottom line.
Previous Quarter Performance
Booking Holdings Inc. disclosed loss for the second quarter of $ 10.81 per share, from the revenue of $ 630.00 million. The quarterly revenues dropped 83.64 percent compared with the same quarter last year. The consensus estimates are loss of $ 11.70 per share from $ 569.31 million in revenue. The bottom line results beat street analysts by $ 0.89 or 7.61 percent, at the same time, top line results outshined analysts by $ 60.69 million or 10.66 percent.
Stock Performance
Shares of Booking Holdings Inc. traded up $ 43.74 or 2.62 percent on Wednesday, reaching $ 1,713.32 with volume of 411.00 thousand shares. Booking Holdings Inc. has traded high as $ 1,751.11 and has cracked $ 1,674.80 on the downward trend
The closing price of $ 1,713.32, representing a 50.78 % increase from the 52 week low of $ 1107.29 and a 20.27 % decrease over the 52 week high of $ 2094.00.
The company has a market capital of $ 70.16 billion and is part of the Consumer Cyclical sector and Leisure industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 2085.00 target price.
- On 14th October 2020, maintained by Barclays at Overweight rating, with $ 2000.00 target price.
- On 11th September 2020, maintained by UBS Group at Neutral rating, with $ 1950.00 target price.
Conference Call
Booking Holdings Inc. will be hosting a conference call at 4:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bookingholdings.com
Booking Holdings Inc. provides online travel and related services in Europe, North America, South America, the Asia-Pacific region, the Middle East, and Africa. The company operates Booking.com, which connects travelers with a selection of places to stay, including apartments, vacation homes, family-run B&Bs, 5-star luxury resorts, tree houses, and igloos; and KAYAK that searches other sites to show travelers the information they need to find the right flights, hotels, rental cars, and vacation packages.
