Priceline Q4 Guidance Disappoints, Stock Sinks

By | November 9, 2015

Scalper1 News

Priceline (PCLN) stock, which hit a record high Thursday, tumbled Monday after the online travel company provided Q4 guidance that missed Wall Street expectations. Early Monday, the company said revenue rose 9.2% from the year-earlier quarter to $3.1 billion, edging the $3.05 billion consensus estimate of analysts polled by Thomson Reuters. Earnings per share minus items rose 14% to $25.35. For Q4, Priceline said it expects EPS of $11.10 to Scalper1 News

Scalper1 News