==Booking Holdings (BKNG) reported earnings on Thur 22 Feb 24 (a/h)

 

Booking Holdings beats by $2.28, beats on revs, gross bookings growth of 16%; initiates quarterly dividend

• Reports Q4 (Dec) earnings of $32.00 per share, excluding non-recurring items, $2.28 better than the FactSet Consensus of $29.72; revenues rose 18.2% year/year to $4.78 bln vs the $4.71 bln FactSet Consensus.
  • Gross travel bookings, which refers to the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations, for the fourth quarter were $31.7 billion, an increase of 16% from the prior-year quarter.
  • Room nights booked increased 9% from the prior-year quarter.
• Co added, "We are confident in the long-term growth of leisure travel and in the opportunities ahead for our company as we continue our work to deliver a better offering and experience for our supply partners and our travelers."
• Co declared a quarterly cash dividend of $8.75 per share, payable on March 28, 2024 to stockholders of record as of the close of business on March 8, 2024. Co expects to pay a cash dividend on a quarterly basis going forward.

Earnings this week : Feb 19 - 23, 24 (wk 8)

Monday, February 19, 2024: stock, options, bond markets are closed for Presidents' Day.

Tuesday (Feb 20)

• Morning: ALLE ALE AWI AVNS BCS CNP CHH DAN DBRG DFIN NPO ETRN EXPD FLR GFL HD KBR LGIH MDT MIDD OIS OMI MD SCL SPNS TPH UFPI VC WMT WLK
• Afternoon: ABCL AMPL ANDE BCC BYON CAMT CZR CE CHK CYH CSGP CWK FANG ESI ENVX FLS GMED GPK HALO INST IFF JBT KEYS LZB MATX MTDR MTTR MED NHI NEO KAR PANW PSA O RNG SEDG SPT SUI TDOC TX TOL VNOM WSC WK

Wednesday (Feb 21)

• Morning: AGI ALIT ADI AVA BLCO CLH CSTM EXC XPRO GRMN THRM ROCK GIL GLBE DINO IONS LIVN MPW NI OGE PHIN PLAB PRG PUMP RGEN SSTK TNL UIS UTHR VRSK VRT WKME WING WIX WWW
• Afternoon: ACVA AGR AMK ANSS APA BALY BROS CAKE CCRN CDE CHDN CHRD CPK CWH DOCN ECPG ERII ETSY EXAS FIVN FNF GKOS GSHD HST HUN ICLR JACK JOBY JXN KALU KW LCID LUNG MCW MGRC MOS MRO NDSN NGVT NOVA NVDA NVRO OGS OLO ORA OUT PEB PRDO QTWO RCUS RELY RGR RIVN ROOT RRC RUN SJW SM SNPS TBI TNDM TS UCTT VAC VMEO VMI VTLE WES ZD

Thursday (Feb 22)

• Morning: AMBP AHH ARDX BIGC BRC BLDR CARS LNG CWEN D DRVN ENOV ETR FVRR FCN GNK GRAB HEES HRMY HLMN HNI NTLA IBP ITCI IRM INSM KDP KYMR LNTH LKQ MFA MGPI MRNA NABL NMRK NEM NICE NVCR NTR OPCH PCG PXD PLNT POOL PWR RYTM SU STWD FTI TECK TNK TFX TNC SHYF THRY TRN UPBD W XPEL
• Afternoon: ACA ACCO AEE ALRM ALTM ALTR AMH BBDC BKNG BMRN CABO CHUY COLD COLL CPRT CTRA CVNA DRH EIX ENV EOG EVH EXFY EXPI FND FOXF FTAI GDYN GH HCAT IMOS INDI INTU IRTC LASR LAW LYV LZ MELI MODV MP MRVI NE NOG OII OLED PBA PEN PLYA PODD RHP RKT RMAX SEM SFM SNBR SPXC SQ VCYT VICI VICR VIR WTRG ZIP

Friday (Feb 23)

• Morning: AER BLMN DCBO FYBR GTN HBM LAMR NWN RBA SSP SHO TAC WBD

-=Booking Holdings (BKNG) reported earnings on Wed 9 May 2018 (a/h)

Booking Holdings beats by $1.34, beats on revs; guides Q2 EPS in-line 

• Reports Q1 (Mar) earnings of $12.00 per share, excluding non-recurring items, $1.34 better than the Capital IQ Consensus of $10.66; revenues rose 21.0% year/year to $2.93 bln vs the $2.87 bln Capital IQ Consensus.
• Co issues in-line guidance for Q2, sees EPS of $16.35-17.00, excluding non-recurring items, vs. $16.79 Capital IQ Consensus Estimate.
  • Room Nights Booked Y/Y 7-11%
  • Total gross travel bookings Y/Y 10-14%
  • Total gross travel bookings Y/Y 5-9%
  • The Company estimates that total revenues recognized at check-in will be less than 1% lower in the 2nd quarter of 2018, approximately flat in the 3rd quarter of 2018 and approximately 4% higher in the 4th quarter of 2018 when compared to the same quarters in 2018 if revenues were recognized at check-out.

Earnings this week : May 7 - 11, 18 (wk 19)

81% of the S&P 500 has reported first quarter results. Q1 earnings are now expected to be up 24.3%. Earnings are expected to grow 18.8% in Q2 and 19.5% for the year. Next week is still quite busy on the earnings front as more small and mid caps report quarterly results.

Monday (May 7)

• Pre-Market: CTSH SYY SRE TSN WLTW LPX KOS VGR TSEM WBT GCI SSP GPRE PETS MYE SPNS NCMI TLRA TA
• After-Hours: NTR ANDV IAG IFF MOS ZG ANDX TRMB BKI AIV BHF OHI DCP EVHC DK APLE JCOM EQC SHO SWX OAS AMC  CBT RBC TREX ORA NVRO NGHC RARE SJI AMED AWR MYGN CENT HTZ PINC OTTR PAHC KAMN CRZO RMBS DPLO SNHY MWA LBRT BKD FN ATSG TRTX RWT SYKE EVBG GBDC RYAM PLOW LMNX ANDE MTSC CARB MTW VECO REN FRPT TCMD IVC LCI FRGI DHT EVRI NLS WMC WAAS STRL PI EGAN

Tuesday (May 8)

• Pre-Market: CRSP JD MCHP DISH DISCA MLM BR HSIC IT EXPD ATHM PRGO ARMK AES JEC JLL USFD VRX EGN ACM HAE VSM LOXO SUM JELD MFA HAIN NHI VG BLD VSH  ZBRA  AQUA TGNA NOVT ICPT GCP LXP NWN FI LGIH SGMO RGEN MNTA DNR ETM SEAS HUD STFC PRIM FSS ENDP BMCH WLH CROX MNK TGH GTN CWH DEA EPZM CORE ATKR DF ANIP DQ GTS COHU VRTV TTI SD DSKE CRCM MGI FRTA ONDK TAST VPG KEYW 

• After-Hours: DIS OXY MAR EA MNST PAA O CA FANG MTCH GDDY XEC JAZZ WR TRQ BIO KAR MIDD DEI WTR TRIP PEN TWLO NEWR WEN GWPH PAGP ETSY PLNT

Wednesday (May 9)

• Pre-Market: WB MYL AEE COTY STE SINA ADT EPAM JHG CNK HPT DLPH SYNH CNDT WIX CABO PFGC SBGI WRD GRPN HZNP MDP CARS PNK USAC
• After-Hours: FOXA DXC CTRP ETP CTL ETE FNV IAC ALB ANGI RNG ICUI CPA NUAN GDOT ROKU HLI FNGN DAR ENV PBYI SEDG BKNG   SEP FTI MELI ZTO ATUS IAC ALB OTEX BGNE ANGI RNG ICUI CPA NUAN DNB FGEN EEP SNH RLJ  PAAS HLI FNGN PTLA DAR WRD ENV  PSEC BLDR WMGI SAIL SUN TROX AYX FG INFN PRAA SYNA AG PTCT TWNK NP ZGNX BOLD EVH GKOS FSM SCOR TPC RUN PRSC ELF AMPH MBI COLL CVNA CHEF TCX UPLD NVGS NVAX TTGT NNBR MTRX SIEN MDCA BREW NVTA QHC FTK MRAM (finviz-change)

Thursday (May 10)

• Pre-Market: AZUL TU DUK BAM WP NICE ICL YY UBNT CRL SATS MIXT CHH MMS UNVR GDS DKS CLNS AMCX TRCO PQG BIG PEGI KLIC PBH HL BITA SPH AMRX UNVR  LHO  TRCO  NOMD ACIW BTG MDP BPMP PQG DDS DESP PEGI KLIC HL RDUS SPH TGI HIMX KELY.A WRLD OMI EGRX KND SNR DSX DEPO ECOM BIOS SND MGA TSG ENB   (finviz-change)
• After-Hours: NVDA SYMC NKTR WPM DOX NWSA FLS PPC PEGA AL HUBS YELP XON ANAB  HRTX TTD RDFN GLOB WTTR TIVO SSRM TLND  RBA UNIT JAG HALO XON CASA WTTR GLOB TIVO KLIC PSDO KTOS ARCB OMER FATE VRAY CSLT CIVI PFLT UEPS MCFT SENS SGYP DCO IMMR NDLS AMBR FNKO AVID ASYS

Friday (May 11)

• Pre-Market: TRI, WPRT, WOW

=Booking Holdings (BKNG) reported earnings on Tue 27 Feb 2018 (a/h)

• Priceline (PCLN) is now Booking Holdings Inc. It began trading under a new stock ticker, BKNG, beginning on February 27.

Booking Holdings beats by $2.74, beats on revs; guides Q1 EPS above consensus 

• Reports Q4 (Dec) earnings of $16.86 per share, excluding non-recurring items, $2.74 better than the Capital IQ Consensus of $14.12; revenues rose 19.4% year/year to $2.8 bln vs the $2.7 bln Capital IQ Consensus; gross travel bookings +19%. Booking Holdings' gross profit for the 4th quarter was $2.8 billion, a 22% increase from the prior year (~17% on a constant-currency basis).
• Co issues upside guidancefor Q1, sees EPS of $11.00-11.40, excluding non-recurring items, vs. $10.35 Capital IQ Consensus; gross profit +20.5-24.5%; room nights booked +8-12%, gross travel bookings +14.5-18.5%, gross travel bookings +6-10%
• "We intend to continue to strategically invest in our business by growing our supply base to drive customer choice, innovating around the customer and supplier experience and investing in marketing that builds consumer awareness for our brands and delivers profitable top-line growth." 

=Priceline Group (PCLN) changes its name to Booking Holdings (BKNG)

Priceline is rebranding to Booking Holdings Inc. It will begin trading under a new stock ticker, BKNG, beginning on February 27.

"We started 20 years ago with Priceline.com and one type of product called Name Your Own Price, a fairly niche product, and from that, we’re now the global leader doing many different things," Booking Holdings CEO Glenn Fogel told Forbes. "So we want to make sure the parent name is aligned with all the things with we do, and it’s not just Priceline. In fact our biggest subsidiary is Booking.com by far."

Booking.com now accounts for both the majority of the company's gross bookings and operating profit, Fogel said. The travel website has more than 1.5 million properties listed and averages 1 million bookings a day, the company said. While a well-known name to many Americans, Priceline remained a very US-focused brand, and changing the name to reflect Booking.com's global appeal will reflect the company's size in the travel market, Fogel said.


Still, it's only one part of the holding group's portfolio. Beyond Priceline.com and Booking.com, the travel group also encompasses OpenTable, Kayak, Rentalcars.com and Agoda.com, an Asia-based accommodations website. The move away from the Priceline brand had been discussed as the company evolved, but the plans were only really put in motion after Fogel took the helm as CEO in January 2017.