Booking HoldingsNASDAQ: BKNG

Booking Holdings (BKNG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

On November 4, 2024, PPC, BKNG, and ZIM were included in the Zacks Rank #1 (Strong Buy) list of growth stocks.

Investors who want to discover stocks likely to exceed quarterly earnings predictions should consider using the Zacks Earnings ESP.

In the third quarter of 2024, Booking Holdings saw improved performance due to increased merchant revenues and robust gross bookings.

Glenn Fogel, the CEO of Booking Holdings, appears on CNBC's 'Squawk on the Street' to talk about the company's better-than-expected earnings, what they anticipate for the next year, and other topics.

Booking Holdings is experiencing positive outcomes from its growth strategies and has reported stronger-than-anticipated results for the third quarter. According to CEO Glenn Fogel, the company made advancements in its "connected trip" vision, improved its artificial intelligence (AI) capabilities, and expanded alternative accommodations during this period.

Booking Holdings Inc. (NASDAQ:BKNG) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 4:30 PM ET. The call will feature company leaders, including CEO Glenn Fogel and CFO Ewout Steenbergen, along with analysts from various financial institutions. Participants from firms like Bank of America, JP Morgan, and Goldman Sachs will also be joining the discussion.

While the revenue and earnings per share (EPS) for Booking Holdings (BKNG) provide insight into its performance for the quarter ending September 2024, it is also important to look at how these key figures stack up against Wall Street predictions and last year's results.

Booking Holdings (BKNG) reported quarterly earnings of $83.89 per share, which is higher than the Zacks Consensus Estimate of $77.94 per share. This is an increase compared to earnings of $72.32 per share from the same period last year.