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Dec 31, 2019
Booking Q4 2019 Earnings Report
Booking's fourth quarter results for 2019 were announced, revealing a revenue increase of 4% and a net income surge of 81% compared to the previous year.
Key Takeaways
Booking Holdings reported a 4% increase in revenue, reaching $3.3 billion, and an 81% increase in net income, amounting to $1.2 billion for the fourth quarter of 2019. The company's gross travel bookings increased by 6% to $20.7 billion, and room nights booked increased by 12%.
Gross travel bookings increased by 6% to $20.7 billion.
Total revenues increased by 4% to $3.3 billion.
Net income increased by 81% to $1.2 billion.
Room nights booked increased by 12%.
Revenue by Segment
Forward Guidance
Due to the coronavirus, Booking Holdings expects a year-over-year decline in room nights booked, total gross travel bookings, and revenues for Q1 2020. The guidance ranges are wider than typically provided given the high level of uncertainty in forecasting the coronavirus and its associated impact on the Company and the travel industry generally.
Challenges Ahead
- Year-over-year decline - Room nights booked (10)% - (5)%
- Year-over-year decline - Total gross travel bookings (15)% - (10)%
- Year-over-year decline - Total gross travel bookings (constant currency) (13)% - (8)%
- GAAP Year-over-year decline - Revenues (7)% - (3)%
- Non-GAAP Year-over-year decline - Revenues (9)% - (5)%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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