Seeking Alpha

Priceline rises as earnings impress, guidance solid

  • Shares of Priceline (PCLN) are now up 5% AH as investors digest the company's Q2 report.
  • Gross profit and adjusted net income rise 37.8% and 25.6% Y/Y respectively.
  • Revenue rises 27% from Q2 2012.
  • Q3 outlook summary: Y/Y gross travels bookings growth of 27-34% (+32-39% international and +5-10% domestic); Y/Y revenue growth of 23-30%; adjusted EPS of $15.30-15.60. (PR)

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