Booking Holdings (BKNG) is set to report Q1 results today right at the close at 4pm ET with a call to follow at 4:30pm ET.

The current S&P CapitalIQ consensus is for EPS of $5.14 and revenue of $2.19 bln.

BKNG is the 800lb elephant in the online travel room as it owns Booking.com, KAYAK, Priceline, OpenTable. So this report should provide a good sense of how deeply the industry is being impacted by the pandemic. Its financial results are almost entirely dependent on the sale of travel and restaurant-related services.

The guidance will be key to watch (if any).

Analysts are expecting a pretty nice profit in Q1, but they are modeling to a big loss for Q2 with a current consensus of $(6.11) but to swing back to profits in Q3 with current consensus of $17.17.

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