RBC Capital Keeps Priceline (PCLN) at Outperform Following Solid Q2 Results, Outlook
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Susquehanna Comments on Priceline (PCLN) Following Q2 Results; Smart Investments Will Continue to Drive L-T Growth
August 11, 2014 12:26 PM EDTSusquehanna is adjusting some estimates on The Priceline Group (Nasdaq: PCLN) following Q2 results reported earlier. The firm maintains Priceline at Positive with a target price of $1,500.
Analyst Brian.Nowak commented that Priceline reported solid 2Q results with 34% bookings growth...in-line with us and 1% above the Street. More bookings led to more profits, as gross profit came in 1% below.
PCLN also had some bullish channel acquisition comments, saying that its direct... More
Priceline (PCLN) Tops Q2 EPS by 49c; Guides Q3 EPS Below Expectations
August 11, 2014 7:04 AM EDTPriceline (Nasdaq: PCLN) reported Q2 EPS of $12.51, $0.49 better than the analyst estimate of $12.02. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.15 billion..
Second quarter gross travel bookings for The Priceline Group, which refers to the total dollar... More
