Booking Holdings Inc. Q2 Earnings Preview
Booking Holdings Inc., the parent company of online travel agency Booking.com, is scheduled to release its Q2 earnings on July 29. The company’s stock has consolidated slightly since reaching a new all-time high in early July.
Analyst Expectations
Analysts expect a strong earnings report, driven by the ongoing global travel trend. The Q1 results were impressive, with an average estimate of $50.22 per share. Analysts are optimistic about the company’s prospects, expecting an 11.71% increase in revenue compared to the previous year.
Key Metrics
- Average estimate of $50.22 per share
- 11.71% increase in revenue compared to the previous year
- Q2 earnings release scheduled for July 29
Impact on Stock Price
The Q2 earnings report could have a significant impact on the stock price. Investors are looking for similar performance in the latest quarter, following the impressive Q1 results.