Booking Holdings Q2 2022 Earnings Preview
Booking Holdings (NASDAQ:BKNG) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, after market close.
The consensus EPS Estimate is $17.59 vs. -$2.55 year ago and the consensus Revenue Estimate is $4.35B (+101.4% Y/Y).
Over the last 2 years, BKNG has beaten EPS estimates 75% of the time and has beaten revenue estimates 88% of the time.

Over the last 3 months, EPS estimates have seen 5 upward revisions and 18 downward. Revenue estimates have seen 24 upward revisions and 1 downward.
JPMorgan analyst Doug Anmuth lowered the price target on BKNG to $2,435 from $2,900 and keeps an Overweight rating on the shares. He expects the report to show strong travel demand. However, it is focused on demand trends for the rest of the year given the macroeconomic environmentâs impact on consumer spending.
Deutsche Bank analyst Lee Horowitz lowered the price target to $2,300 from $2,880 and keeps a Buy rating on the shares. Coming out of Q2, with a "red-hot" summer vacation season underway, one key question among investors is whether the strong bounce back of travel demand will be sustainable into 2023 for the online travel space, Horowitz tells investors in a research note. Over the past few months, the analyst has seen the travel industry slowly bring back capacity to pre-COVID levels, despite challenges associated with rising input cost and labor shortages.