Seeking Alpha

More on Priceline (PCLN): Q1 comes in mixed, beating on a per share basis but missing slightly...

More on Priceline (PCLN): Q1 comes in mixed, beating on a per share basis but missing slightly on revenue. Net profit jumped 74% Y/Y on strength in its international hotel bookings. The company also guided Q2 profit to the lower-end of estimates, now seeing an EPS of $7.20 - $7.40 with revenue growth between 18% and 23%. Street estimates were for an EPS of $7.37 on revenue growth of 26%. Shares -2.45% AH.
From other sites
Comments (4)
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    Guidance is a little disappointing to us.Stock is all over the place down 5% then up 2% then down 3% now down 1%.We will buy more under 660.Nothing fundamental so far that makes us want to sell.Looks like they are projecting slowing Euro macro issues will ding their growth a bit.Still small chance it will rally a little tomorrow great management team they tend to be quite conservative with their guidance kind of like AAPL.APD
    9 May 2012, 04:49 PM Reply Like
  • maverick61
    , contributor
    Comments (5) | Send Message
     
    underpromise and overdeliver: PCLN management prediction looks like that.
    They just crushed EPS estimates in Q1 (NON-GAAP), so why not doing it again in Q2?
    9 May 2012, 04:59 PM Reply Like
  • tommah
    , contributor
    Comment (1) | Send Message
     
    pcln clearly beats the earnings but slightly misses the guidance. so not only do you have to beat the earnings, you also need to worry about future guidance. how come other company beats the earnings but never mentions anything about future guidance, for example monster beverage.
    10 May 2012, 04:08 AM Reply Like
  • thesuer
    , contributor
    Comments (276) | Send Message
     
    will someone please tell me how priceline has such a valuation? If I look at its earnings then I get a share price of ~ 165 USD so how does one come up with this crazy price. APPLE share price on the other hand is a reflection of it's earnings...so what is the deal with priceline?
    10 May 2012, 10:53 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector