Seeking Alpha

Priceline (PCLN) now +9.5% AH following its Q3 beat. Q4 guidance is for EPS of $6.12-$6.57,...

Priceline (PCLN) now +9.5% AH following its Q3 beat. Q4 guidance is for EPS of $6.12-$6.57, in-line with a $6.34 consensus and fine with investors worried about Europe and (increasingly) the U.S. Total bookings rose 25% Y/Y in Q3 - international +30%, domestic +7% - only a slight slowdown from Q2. Q4 bookings are expected to grow 21%-28% Y/Y, with 27%-35% international growth offsetting flat domestic growth. Between Priceline and TripAdvisor, online travel names such as EXPE, TZOO, OWW, and KYAK could have a good day tomorrow. (PR)
Comments (3)
  • earnings actually tumbled from a year ago, details. Hurry up you can chase it tomorrow morning pretty sure that thing is going to skyrocket buy stock any stock buy more. That is the only game plan the Fed has, ever had.
    1 Nov 2012, 06:49 PM Reply Like
  • the $55 pop after hour make no sense, the stock already popped over $30 in last couple days due to expedia's earning report. so the anticipation of a good quarter for priceline already baked in. Priceline's earning report today does not justify another $55 pop. Expect a pull back.
    2 Nov 2012, 02:14 AM Reply Like
  • vren56..., that is called "perspective".

     

    mz
    2 Nov 2012, 06:00 AM Reply Like
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