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Booking Holdings Earnings Calls
| Release date | Oct 28, 2025 |
| EPS estimate | $95.85 |
| EPS actual | $99.50 |
| EPS Surprise | 3.81% |
| Revenue estimate | 8.743B |
| Revenue actual | 9.008B |
| Revenue Surprise | 3.03% |
| Release date | Jul 29, 2025 |
| EPS estimate | $50.32 |
| EPS actual | $55.40 |
| EPS Surprise | 10.10% |
| Revenue estimate | 6.553B |
| Revenue actual | 6.798B |
| Revenue Surprise | 3.74% |
| Release date | Apr 29, 2025 |
| EPS estimate | $17.34 |
| EPS actual | $24.81 |
| EPS Surprise | 43.08% |
| Revenue estimate | 4.596B |
| Revenue actual | 4.762B |
| Revenue Surprise | 3.61% |
| Release date | Feb 20, 2025 |
| EPS estimate | $35.82 |
| EPS actual | $41.55 |
| EPS Surprise | 16.00% |
| Revenue estimate | 5.18B |
| Revenue actual | 5.471B |
| Revenue Surprise | 5.61% |
Last 4 Quarters for Booking Holdings
Below you can see how BKNG performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 20, 2025 |
| Price on release | $5,018.23 |
| EPS estimate | $35.82 |
| EPS actual | $41.55 |
| EPS surprise | 16.00% |
| Date | Price |
|---|---|
| Feb 13, 2025 | $5,008.70 |
| Feb 14, 2025 | $5,044.40 |
| Feb 18, 2025 | $5,141.88 |
| Feb 19, 2025 | $5,110.60 |
| Feb 20, 2025 | $5,018.23 |
| Feb 21, 2025 | $4,990.64 |
| Feb 24, 2025 | $5,049.08 |
| Feb 25, 2025 | $5,033.83 |
| Feb 26, 2025 | $5,034.55 |
| 4 days before | 0.190% |
| 4 days after | 0.325% |
| On release day | -0.550% |
| Change in period | 0.516% |
| Release date | Apr 29, 2025 |
| Price on release | $4,909.23 |
| EPS estimate | $17.34 |
| EPS actual | $24.81 |
| EPS surprise | 43.08% |
| Date | Price |
|---|---|
| Apr 23, 2025 | $4,731.03 |
| Apr 24, 2025 | $4,827.97 |
| Apr 25, 2025 | $4,838.44 |
| Apr 28, 2025 | $4,889.95 |
| Apr 29, 2025 | $4,909.23 |
| Apr 30, 2025 | $5,099.28 |
| May 01, 2025 | $5,101.43 |
| May 02, 2025 | $5,202.80 |
| May 05, 2025 | $5,191.12 |
| 4 days before | 3.77% |
| 4 days after | 5.74% |
| On release day | 3.87% |
| Change in period | 9.72% |
| Release date | Jul 29, 2025 |
| Price on release | $5,590.77 |
| EPS estimate | $50.32 |
| EPS actual | $55.40 |
| EPS surprise | 10.10% |
| Date | Price |
|---|---|
| Jul 23, 2025 | $5,736.32 |
| Jul 24, 2025 | $5,650.00 |
| Jul 25, 2025 | $5,632.27 |
| Jul 28, 2025 | $5,678.75 |
| Jul 29, 2025 | $5,590.77 |
| Jul 30, 2025 | $5,612.91 |
| Jul 31, 2025 | $5,504.06 |
| Aug 01, 2025 | $5,386.29 |
| Aug 04, 2025 | $5,476.09 |
| 4 days before | -2.54% |
| 4 days after | -2.05% |
| On release day | 0.396% |
| Change in period | -4.54% |
| Release date | Oct 28, 2025 |
| Price on release | $5,120.57 |
| EPS estimate | $95.85 |
| EPS actual | $99.50 |
| EPS surprise | 3.81% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $5,230.59 |
| Oct 23, 2025 | $5,093.47 |
| Oct 24, 2025 | $5,146.16 |
| Oct 27, 2025 | $5,254.40 |
| Oct 28, 2025 | $5,120.57 |
| Oct 29, 2025 | $5,075.86 |
| Oct 30, 2025 | $5,080.21 |
| Oct 31, 2025 | $5,077.74 |
| Nov 03, 2025 | $5,030.55 |
| 4 days before | -2.10% |
| 4 days after | -1.76% |
| On release day | -0.87% |
| Change in period | -3.82% |
Booking Holdings Earnings Call Transcript Summary of Q3 2025
Booking Holdings reported a stronger-than-expected third quarter driven by broad-based travel demand and execution on strategic initiatives. Key financials: room nights +8% to 323 million, gross bookings +14%, revenue +13% to ~$9.0B, adjusted EBITDA ~$4.2B (+15%) and adjusted EPS +19%. FX provided a ~400–500 bps tailwind to reported growth. Management highlighted progress on strategic priorities: Connected Trip (multi-vertical transactions grew mid-20% and are now a low-double-digit % of Booking.com transactions), expansion of the Genius loyalty program (Genius Levels 2 & 3 now account for a mid-50% range of room nights over the last 4 quarters and >850k partners participating), Gen AI initiatives (AI chatbots, KAYAK AI Mode, partner tools like Smart Messenger and Auto-Reply), flights (+32%) and attractions (~+90% from a smaller base), alternative accommodations listings (~8.6M, +10% YoY) and strong momentum in Asia. The company continues to shift mix toward merchant/paid bookings and payments (merchant gross bookings +26%; merchant share ~68% over last 4 quarters). Cost program update: transformation actions have enabled ~ $450M in annual run-rate savings to date, in-year 2025 savings to exceed $225M, and total program run-rate savings expected to be $500–$550M (aggregate costs ~1x run-rate savings). Cash & liquidity: $17.2B ending cash; generated $1.4B free cash flow; returned capital (~$700M share repurchases, ~$300M dividends) and redeemed $1.5B of high-coupon debt. Guidance: Q4 room nights +4–6%, gross bookings +11–13%, Q4 adjusted EBITDA $2.0–2.1B; full-year 2025 guidance raised — room nights ~+7%, gross bookings +11–12%, revenue ~+12%, adjusted EBITDA +17–18%, adjusted EPS >+20%. Management reiterated confidence in the long-term opportunity but noted macro/geopolitical uncertainties and the evolving competitive/AI landscape.
