Form 8-K Priceline Group Inc. For: Feb 17
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Go back to Form 8-K Priceline Group Inc. For: Feb 17
February 17, 2016 12:06 PM EST
RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $1700 price target on The Priceline Group (NASDAQ: PCLN) after a Q4 beat and solid outlook.
The keys to the quarter, according to Mahaney: 1) Organic Growth Trends Very Robust 29% Y/Y Intl Bookings... More
February 17, 2016 7:06 AM EST
The Priceline Group (NASDAQ: PCLN) reported Q4 EPS of $12.63, $0.83 better than the analyst estimate of $11.80. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.96 billion.
Fourth quarter gross travel bookings for The Priceline Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by its customers, net of cancellations, were $12.0 billion, an increase of 13... More
