{"symbol":"BKNG","fiscalQuarter":"Q2-2026","reportDate":"2026-07-29","reportTime":"AMC","status":"upcoming","company":{"name":"Booking Holdings Inc.","sector":"Consumer Discretionary","industry":"Hotels, Resorts & Cruise Lines"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/BKNG/earnings/Q2-2026","preBrief":{"companySnapshot":"Booking Holdings Inc. is a leading player in the consumer discretionary sector, specializing in online travel and related services, including hotels, resorts, and cruise lines. With a market cap of $131 billion, the company plays a significant role in the travel industry, which is heavily influenced by consumer spending trends and economic conditions.","keyMetrics":[{"name":"Revenue Growth","why":"Revenue growth is crucial as it reflects the company's ability to attract more customers and increase bookings, which is vital for its overall performance.","consensus":"N/A"},{"name":"Earnings Per Share (EPS)","why":"EPS is a key indicator of profitability and is closely watched by investors to gauge the company's financial health.","consensus":"N/A"},{"name":"Booking Volume","why":"The volume of bookings is a direct measure of demand for travel services, which can indicate the company's market position and growth potential.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q1-2026, Booking Holdings reported an EPS of $1.36, exceeding expectations by 23.19%. However, the stock experienced a decline of 2.33% the following day, indicating mixed investor sentiment despite the earnings beat.","promises":[]},"wallStreetExpectations":{"summary":"Overall, expectations for the upcoming earnings report are mixed, with some analysts anticipating continued strong performance while others express caution due to economic uncertainties.","bullCase":"The optimistic view is that Booking Holdings will continue to show strong earnings growth driven by increased travel demand and effective cost management.","bearCase":"On the other hand, the pessimistic view suggests that economic headwinds, such as rising interest rates or inflation, could dampen consumer spending on travel."},"optionsSignal":{"impliedMove":"2.19%","context":"The options market is pricing in a moderate move of approximately 2.19%, indicating some uncertainty about the earnings report.","historicalAvgMove":"1.74%","richness":"rich","richnessContext":"Options price a 2.19% move but the stock has averaged only 1.74% over the last 8 quarters — setup is rich."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+23.19%","reaction":"-2.33%"},{"quarter":"Q4-2025","epsSurprise":"+1.17%","reaction":"+3.14%"},{"quarter":"Q3-2025","epsSurprise":"+3.53%","reaction":"-2.55%"},{"quarter":"Q2-2025","epsSurprise":"+10.95%","reaction":"-1.55%"},{"quarter":"Q1-2025","epsSurprise":"+44.24%","reaction":"+0.39%"},{"quarter":"Q4-2024","epsSurprise":"+16.57%","reaction":"-1.81%"},{"quarter":"Q3-2024","epsSurprise":"+7.63%","reaction":"+0.82%"},{"quarter":"Q2-2024","epsSurprise":"+6.53%","reaction":"-1.37%"}],"pivotalQuestions":[{"question":"What will be the reported booking volume for the quarter?","whyItMatters":"Booking volume is a key indicator of demand and can significantly impact revenue and future growth prospects."},{"question":"How is management addressing rising operational costs?","whyItMatters":"Understanding management's strategies for cost control will be crucial in assessing the company's profitability in a challenging economic environment."}],"thesisBreakLevels":{"bullTrigger":"A booking volume increase of over 15% year-over-year would confirm the bull case.","bearTrigger":"A decline in booking volume or a significant increase in operational costs would confirm the bear case.","context":"This quarter's performance will hinge on consumer demand for travel services and the company's ability to manage costs effectively."},"scenarioPlaybook":{"beatAndRaise":"If Booking Holdings beats expectations, history suggests the stock could rise by an average of 1.74%, confirming strong demand and effective management.","inLineCautious":"If results are in line but management's commentary is cautious, the stock may see muted movement as investors reassess growth prospects.","miss":"If the company misses expectations, history suggests a potential decline of around 2.55%, indicating investor disappointment."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Consumer Discretionary","sampleSize":30,"fadeRate":"X of Y (Z%)","insight":"This setup has occurred 30 times across Consumer Discretionary in the last 2 years. The average absolute 1-day move is 4.2%, with a raw directional average of +1.1% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating the potential for strong booking growth driven by pent-up travel demand, especially as economic conditions stabilize.","supportingPoints":["Historical data shows that the company has consistently beaten EPS estimates, indicating stronger-than-expected performance.","The options market is pricing a larger move than historical averages suggest, indicating potential for a surprise.","Insider selling may reflect confidence in the company's long-term strategy despite short-term fluctuations."],"riskToConsensus":"If booking volume comes in below expectations, it could lead to a significant reassessment of the company's growth outlook."},"whatToListenFor":["Any updates on travel demand trends and how they are impacting bookings.","Management's commentary on cost management strategies in light of rising operational costs.","Insights into competitive positioning within the online travel market.","Any guidance on future earnings expectations or market conditions.","Details on customer acquisition strategies and their effectiveness."],"metaDescription":"Booking Holdings (BKNG) reports Q2 2026 earnings on July 29. Investors should watch for booking volume and cost management strategies."}}