Insights Into Booking Holdings (BKNG) Q4: Wall Street Projections for Key Metrics

In its upcoming report, Booking Holdings (BKNG) is predicted by Wall Street analysts to post quarterly earnings of $35.75 per share, reflecting an increase of 11.7% compared to the same period last year. Revenues are forecasted to be $5.19 billion, representing a year-over-year increase of 8.6%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Booking Holdings metrics that Wall Street analysts commonly model and monitor.According to the collective judgment of analysts, 'Revenues- Agency' should come in at $1.94 billion. The estimate indicates a change of -6% from the prior-year quarter.Analysts' assessment points toward 'Revenues- Advertising and Other Revenues' reaching $256.63 million. The estimate points to a change of +3.9% from the year-ago quarter.Analysts expect 'Revenues- Merchant' to come in at $2.99 billion. The estimate points to a change of +20.9% from the year-ago quarter.It is projected by analysts that the 'Gross Bookings - Total' will reach $34.34 billion. Compared to the current estimate, the company reported $31.70 billion in the same quarter of the previous year.The collective assessment of analysts points to an estimated 'Gross Bookings - Agency' of $12.11 billion. Compared to the current estimate, the company reported $13.30 billion in the same quarter of the previous year.The combined assessment of analysts suggests that 'Gross Bookings - Merchant' will likely reach $22.28 billion. Compared to the present estimate, the company reported $18.40 billion in the same quarter last year.The consensus among analysts is that 'Units Sold - Room Nights' will reach 249.35 million. Compared to the present estimate, the company reported 231 million in the same quarter last year.Analysts forecast 'Units Sold - Airline Tickets' to reach 12.36 million. The estimate is in contrast to the year-ago figure of 9 million.The consensus estimate for 'Units Sold - Rental Car Days' stands at 17.98 million. The estimate is in contrast to the year-ago figure of 15 million.View all Key Company Metrics for Booking Holdings here>>>Booking Holdings shares have witnessed a change of +3% in the past month, in contrast to the Zacks S&P 500 composite's +4.9% move. With a Zacks Rank #3 (Hold), BKNG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Booking Holdings Inc. (BKNG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks