Guidance from Priceline (PCLN) on Q3 implies light bookings growth and heavy foreign exchange...


Guidance from Priceline (PCLN) on Q3 implies light bookings growth and heavy foreign exchange headwinds. CEO Daniel Finnegan doesn't tread lightly over the company's prospects, particularly Europe, during an earnings CC: "We're assuming fairly significant deceleration in growth rates from here on out." PCLN -14.8% premarket.
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Comments (2)
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    What I do not get about these exchange rate statements is the following: if travel gets more expensive for Europeans because of falling Euro it should be getting cheaper for US peeps travelling to Europe. Are there, generally speaking, more Europeans travelling than US people?
    8 Aug 2012, 06:55 AM Reply Like
  • orangesunshyne
    , contributor
    Comments (6) | Send Message
     
    What percentage of Priceline's business is derived from European sales?
    8 Aug 2012, 09:06 AM Reply Like
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