Credit Suisse Maintains Outperform on Booking Holdings, Raises Price Target to $3100
Credit Suisse analyst Stephen Ju maintains Booking Holdings (NASDAQ:BKNG) with a Outperform and raises the price target from $2675 to $3100.
5 Stocks To Watch For August 5, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Kellogg Company (NYSE: K) to report quarterly earnings at $1.02 per share on revenue of $3.41 billion before the opening bell. Kellogg shares fell 0.1% to $61.96 in after-hours trading.
10 Stocks Moving In Wednesday’s After-Hours Session
Gainers
MercadoLibre (NASDAQ: MELI) shares are trading higher after the company reported Q2 EPS of $1.37, up from $1.11 year over year and better-than-expected Q2 sales results.
Booking Holdings: Q2 Earnings Insights
Shares of Booking Holdings (NASDAQ:BKNG) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 76.41% year over year to ($2.55), which missed the estimate of ($2.10).
Booking Holdings Q2 EPS $(2.55) Misses $(2.10) Estimate, Sales $2.16B Beat $1.90B Estimate
Booking Holdings (NASDAQ:BKNG) reported quarterly losses of $(2.55) per share which missed the analyst consensus estimate of $(2.10) by 21.43 percent. This is a 76.41 percent increase over losses of $(10.81) per share
Not Quite Full-Speed Ahead? Solid Earnings, But Still Awaiting End-Of-Week Jobs Report
We started the week with risk-off sentiment and choppy markets. The choppiness could remain until the payrolls number comes out on Friday. But the mood seems to have shifted back toward risk, for now.
Earnings Scheduled For August 4, 2021
Companies Reporting Before The Bell
• UroGen Pharma (NASDAQ:URGN) is projected to report earnings for its second quarter.
Another Big Earnings Week Ahead
After a monumental week of Big Tech earnings, we're in for more than a quarter of S&P 500 companies' reports, including those from Alibaba (NYSE: BABA), General Motors (NYSE: GM), and Kraft Heinz