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Weak guidance trips up Priceline

Nov. 09, 2015 8:18 AM ETBooking Holdings Inc. (BKNG) StockBKNGBy: Clark Schultz, SA News Editor3 Comments
  • Priceline (PCLN) reports total bookings rose 7% to $14.8B (+22% in constant currency).
  • Gross profit increased 12% to $2.9B (+29% in constant currency).
  • Adjusted EBITDA +12% to $1.6B.
  • Guidance: Total gross bookings growth of +1% to +8% expected in Q4. EPS of $11.10 to $11.90 anticipated vs. $12.42 consensus.
  • Previously: Priceline beats by $1.12, beats on revenue (Nov. 09 2015)
  • PCNL -4.55% premarket to $1384.00.

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