Booking Holdings, Inc. (BKNG) CEO Glenn Fogel on Q1 2020 Results - Earnings Call Transcript

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Q1: 2020-05-07 Earnings Summary

EPS of $3.77 misses by $1.37
 | Revenue of $2.29B (-19.35% Y/Y) beats by $95.69M

Booking Holdings, Inc. (NASDAQ:BKNG) Q1 2020 Earnings Conference Call May 7, 2020 4:30 PM ET

Company Participants

Glenn Fogel - President, CEO & Director
David Goulden - EVP & CFO

Conference Call Participants

Mark Mahaney - RBC Capital Markets
Kevin Kopelman - Cowen and Company
Naved Khan - SunTrust Robinson Humphrey
Lloyd Walmsley - Deutsche Bank
Stephen Ju - Crédit Suisse
Eric Sheridan - UBS Investment Bank
Deepak Mathivanan - Barclays Bank
Justin Post - Bank of America Merrill Lynch
Daniel Powell - Goldman Sachs Group
Lee Horowitz - Evercore ISI
James Hardiman - Wedbush Securities

Operator

Welcome to the Booking Holdings First Quarter 2020 Conference Call. Booking Holdings would like to remind everyone that this call may contain forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are not guaranteed of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals or expectations and similar expressions reflecting something other than historical facts are intended to identify forward-looking statements. For a list of factors that could cause Booking Holdings' actual results to differ materially from those described in the forward-looking statements, please refer to the safe harbor statement at the end of the Booking Holdings' earnings press release as well as Booking Holdings' most recent filings with the Securities and Exchange Commission. Unless required by law, Booking Holdings undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. A copy of Booking Holdings' earnings release -- press release together with an accompanying financial and statistical supplement, is available in the For Investors section of Booking Holdings' website, www.bookingholdings.com.

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