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Fly News Breaks for January 17, 2019
BKNG
Jan 17, 2019 | 07:34 EDT
Citi analyst Mark May opens a positive "Catalyst Watch" on Neutral-rated Booking Holdings ahead of the company's Q4 results. SimilarWeb's traffic trends indicate potential upside to current Q4 room nights estimates for Booking, May tells investors in a pre-earnings research note. Further, he feels comfortable about management's Q1 room nights guidance given the 400 basis point easier comp and current consensus modeling for a 200 basis point sequential deceleration.
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