priceline.com (PCLN) Falls Following Solid Q3 Results, Weaker Guidance

November 7, 2011 4:11 PM EST
Shares of priceline.com (NASDAQ: PCLN) are trading down 3 percent following strong Q3 results, but weaker-than-expected Q4 guidance.

Priceline.com reported Q3 EPS of $9.95, 65 cents better than the analyst estimate of $9.30. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.42 billion.

Priceline.com, Inc. sees Q4 2011 EPS of $4.90-$5.00, versus the consensus of $5.14.


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