Booking Holdings Admits to Having Critical Failures Even Before the Pandemic [Yahoo! Finance News]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: Yahoo! Finance News
View photosBooking Holdings Admits to Having Critical Failures Even Before the PandemicBooking Holdings, which calls itself the “largest, most profitable global online travel business in the world,” got candid about some stubborn, multiyear failures on page 42 of its more than 100-pageproxy reportDespite notching a “solid” 2019, Booking Holdings stated Friday: “Nevertheless, 2019 was not without its challenges. Booking.com continues to under-index in the United States market, we did not see the desired results from Booking.com’s brand marketing efforts and, for much of the year, we were slower than desired to meet a number of our goals for increased collaboration, cooperation and integration among our brands.”Failures in the U.S.There’s a ton to unpack in that telling sentence.As far back as 2015, Amsterdam-basedBooking.com spent an estimated $32.8 million on national TV adsConsider the following Google Trends data showing web searches for Expedia red), Priceline yellow) and Booking.c
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News
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at Wells Fargo & Company from $3,435.00 to $3,494.00. They now have an "equal weight" rating on the stock.MarketBeat
- Expedia stock sinks on full-year guidance cut, Q1 bookings [Yahoo! Finance]Yahoo! Finance
- Booking Holdings (BKNG) Q1 Earnings Beat, Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at JPMorgan Chase & Co. from $3,950.00 to $4,025.00. They now have an "overweight" rating on the stock.MarketBeat
- Booking Holdings Inc. (NASDAQ: BKNG) had its "outperform" rating re-affirmed by analysts at BMO Capital Markets. They now have a $4,205.00 price target on the stock, up previously from $4,150.00.MarketBeat
BKNG
Earnings
- 5/2/24 - Beat
BKNG
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- BKNG's page on the SEC website