More on Priceline: Q1 guidance is for 17%-25% Y/Y revenue growth and EPS of $4.90-$5.30 vs. a...

|About: The Priceline Group Inc. (PCLN)|By:, SA News Editor

More on Priceline: Q1 guidance is for 17%-25% Y/Y revenue growth and EPS of $4.90-$5.30 vs. a consensus of 19.3% growth and $5.14. Q4 gross bookings +33% Y/Y, better than Q3's 25%. International bookings +40% (up from Q3's 30%) and 83% of total, domestic +4% (down from Q3's 7%). 30%-37% bookings growth expected for Q1. 38% Y/Y Q4 hotel room growth, rental car days +37%, plane tickets +2%. Gross profit +30% Y/Y, higher than rev. growth. Opex +34% Y/Y thanks to a 41% increase in online ad spend (Google-driven) to $306.8M. PCLN +3.2% AH. (PR)