Booking Holdings Set to Report Q3 2026 Results After Tuesday Close With EPS Near $4.59 Expected

Booking Holdings is scheduled to release its third-quarter 2026 financial results after market close on Tuesday, November 3, with Wall Street penciling in earnings of approximately $4.48 to $4.59 per share and revenue of roughly $9.56 billion, representing year-over-year growth of about 6%. The report arrives as the stock has shed more than 30% year to date despite the company delivering six consecutive quarterly earnings beats, leaving investors focused on whether accelerating Connected Trip adoption and the merchant model shift can offset a pronounced slowdown in room-night growth.

For the third quarter, Booking Holdings itself guided for total revenue growth of 4% to 6%, or 5% to 7% on a constant-currency basis, against a backdrop of room-night growth guidance of just 3% to 5%, sharply slower than the 8% pace recorded a year earlier. Adverse foreign currency movements and lingering geopolitical disruptions, including conflict in the Middle East, are expected to have continued weighing on international booking volumes.

Two strategic themes are drawing particular attention heading into the call. Connected Trip transactions have been growing at low double-digit rates, more than twice the pace of Booking.com's total transaction growth, while merchant gross bookings have climbed to roughly 73% of total, both signaling progress on the company's platform ambitions. Analysts and investors will also be watching for any update on FTC scrutiny over hotel advertising practices, which has become a secondary overhang on the stock.