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Booking Holdings CEO Glenn Fogel joins 'Squawk Box' to discuss the company's quarterly earnings results, state of travel demand, long-term growth outlook, impact of AI, and more.
Booking Holdings Inc. (NASDAQ:BKNG ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Glenn Fogel - Chief Executive Officer Ewout Steenbergen - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Kevin Kopelman - TD Cowen Justin Post - Bank of America Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs James Lee - Mizuho Securities Stephen Ju - UBS Lee Horowitz - Deutsche Bank. John Colantuoni - Jefferies Naved Khan - B.
Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported a 7% year-over-year increase in room nights booked, reaching 287 million for the second quarter.
While the top- and bottom-line numbers for Booking Holdings (BKNG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Booking Holdings (BKNG) came out with quarterly earnings of $41.90 per share, beating the Zacks Consensus Estimate of $39.39 per share. This compares to earnings of $37.62 per share a year ago.
Booking Holdings (NASDAQ: BKNG), the world's largest online travel agency, that offers services from lodging to airline tickets to car rentals, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect the company's stock to likely see little to no movement with revenues and earnings matching market expectations.
MILWAUKEE, July 31, 2024 /PRNewswire/ -- Ademi LLP is investigating Booking Holdings (NASDAQ: BKNG) for possible breaches of fiduciary duty. Click here to learn how to join our investigation https://www.ademilaw.com/case/booking-holdings-inc or call Guri Ademi toll-free at 866-264-3995.
NORWALK, Conn. , July 31, 2024 /PRNewswire/ -- Second quarter 2024 financial results for Booking Holdings (NASDAQ: BKNG) will be made available at approximately 4:00 p.m.
Spain's competition watchdog said Tuesday it had slapped online travel agency Booking.com with a record 413-million-euro fine for "abusing its dominant position" during the past five years.
New Flexible Solution Designed to Reduce Friction, Empowering Customers When Reserving Group Travel SUNRISE, FL / ACCESSWIRE / July 30, 2024 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip," "we," "our," or the "Company"), a travel technology company, today announced the launch of a new Group Booking Platform ("Platform"), a proprietary technology for its direct-to-consumer travel booking website offering travelers and facilitators a flexible and versatile solution for group travel. NextTrip's Platform streamlines front-end booking flow for customers, empowering each traveler to book their own travel while still remaining part of a group.