Booking (NASDAQ:BKNG – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 215.170-215.170 for the period, compared to the consensus EPS estimate of 201.900. The company issued revenue guidance of $25.6 billion-, compared to the consensus revenue estimate of $25.3 billion. Booking also updated its Q1 2025 guidance to EPS.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on BKNG shares. Argus lowered Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Truist Financial increased their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Cfra upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday. Citigroup upped their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Benchmark reissued a “buy” rating and issued a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. Nine investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $5,062.29.
Read Our Latest Stock Report on Booking
Booking Stock Down 1.8 %
Booking (NASDAQ:BKNG – Get Free Report) last issued its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating the consensus estimate of $35.82 by $5.73. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.18 billion. Booking had a negative return on equity of 166.06% and a net margin of 21.85%. Equities analysts expect that Booking will post 181.63 earnings per share for the current fiscal year.
Booking Company Profile
Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.
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