Priceline.com (PCLN) Spirals Lower Amid Q2 EPS Beat, as Q3 Outlook Misses Expectations
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Price: $842.50 +3.54%
Revenue Growth %: +30.0%
Financial Fact:
Operating income: 309.84M
Today's EPS Names:
BORN, EFUT, ZOOM, More
Revenue Growth %: +30.0%
Financial Fact:
Operating income: 309.84M
Today's EPS Names:
BORN, EFUT, ZOOM, More
Trade PCLN Now!
Priceline.com (Nasdaq: PCLN) is getting smacked in after-hours action Tuesday following its second-quarter 2012 earnings results
Total revs rose 20.3 percent to $1.33 billion, compared with consensus views calling for $1.35 billion.
Net income popped 37.4 percent to $325.35 million, or $6.88 per diluted share. Following adjustments for certain items, net income came in at a robust $7.85 per share, versus expectations of $7.37.
Estimize consensus views saw EPS of $7.42 on revs of $1.36 billion.
Gross bookings rose 26.8 percent, with domestic up 5.3 percent and international rising 33.1 percent.
Hotel Room-Nights sold rose 39.1 percent, from 47.0 percent in the prior quarter.
Third-quarter 2012 non-GAAP EPS expected to be $11.10 to $12.10, compared with consensus views of $12.82.
Priceline is about 16 percent lower in late trading.
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Total revs rose 20.3 percent to $1.33 billion, compared with consensus views calling for $1.35 billion.
Net income popped 37.4 percent to $325.35 million, or $6.88 per diluted share. Following adjustments for certain items, net income came in at a robust $7.85 per share, versus expectations of $7.37.
Estimize consensus views saw EPS of $7.42 on revs of $1.36 billion.
Gross bookings rose 26.8 percent, with domestic up 5.3 percent and international rising 33.1 percent.
Hotel Room-Nights sold rose 39.1 percent, from 47.0 percent in the prior quarter.
Third-quarter 2012 non-GAAP EPS expected to be $11.10 to $12.10, compared with consensus views of $12.82.
Priceline is about 16 percent lower in late trading.
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