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Priceline.com (PCLN) Soars On Strong Q1 Results
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Priceline.com (Nasdaq: PCLN) is 13.8% higher in after-hours action after reporting strong Q1 results.
The company reported Q1 EPS of $0.76, 16 cents better than the analyst estimate of $0.60. Revenues for the quarter were $403.2 million, versus the consensus of $377.17 million.
Priceline sees FY08 EPS $5.25 to $5.65 versus the consensus of $5.12 and Q2 EPS of $1.25 to $1.40 versus the consensus of $1.30.
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