Booking Holdings (BKNG) – Booking Holdings lost $10.81 per share for its latest quarter, smaller than the loss of $11.50 predicted by Wall Street analysts. The parent of Priceline, Booking.com, Kayak and other travel services also saw revenue beat estimates, even as the pandemic caused a 91% drop in travel bookings from a year earlier.
TripAdvisor (TRIP) – TripAdvisor reported a quarterly loss of 76 cents per share, wider than the 63 cents a share loss representing the consensus analyst estimate. The travel review site operator’s revenue beat forecasts, however, and the company said travel demand trends have been improving since the April low.
