Recap: Booking Holdings Q2 Earnings

Shares of Booking Holdings BKNG rose 0.58% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 145.82% over the past year to ($10.81), which beat the estimate

Shares of Booking Holdings BKNG rose 1.6% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 145.82% over the past year to ($10.81), which beat the estimate of ($11.70).

Revenue of $630,000,000 declined by 83.64% year over year, which beat the estimate of $569,310,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Booking Holdings hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 06, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/aqhnspd6

Price Action

52-week high: $2094.00

Company's 52-week low was at $1107.29

Price action over last quarter: Up 22.43%

Company Overview

Booking is the world's largest online travel agency by revenue, offering booking services for hotel and vacation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Priceline.com, Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.