Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member. Inc (PCLN) Earnings: An Early Look

Page 1 of 2

Earnings season is now starting to wind down, with most companies already having reported their quarterly results. But there are still some companies left to report, and Inc (NASDAQ:PCLN) is about to release its quarterly earnings. The key to making smart investment decisions with stocks releasing their quarterly reports is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move. Inc (NASDAQ:PCLN)Priceline has taken the travel-portal space by storm, launching beyond its name-your-own-price auction gimmick to turn its impressive worldwide network of offerings into profits. Let’s take an early look at what’s been happening with Priceline over the past quarter and what we’re likely to see in its quarterly report next Tuesday.

Stats on Priceline

Analyst EPS Estimate $6.54
Change From Year-Ago EPS 22%
Revenue Estimate $1.19 billion
Change From Year-Ago Revenue 20%
Earnings Beats in Past 4 Quarters 4

Source: Yahoo! Finance.

Will Priceline fly higher this quarter?
Analysts have been pretty comfortable with their calls on Priceline’s earnings over the past few months, with consensus moving by a penny or two in either direction. The stock, though, has continued to head higher, rising more than 7% since mid-November.

Arguably the biggest news of the quarter for Priceline came when it announced it would buy Kayak Software Corp (NASDAQ:KYAK) in a $1.8 billion deal. Given the huge amount of search data that Kayak has, Priceline expects that the purchase will give it an inside edge over its rivals. Without access to Kayak’s data, Orbitz Worldwide, Inc. (NYSE:OWW) and Expedia Inc (NASDAQ:EXPE) will find themselves at a competitive disadvantage, or at the very least have to duplicate Kayak’s efforts to maintain a comparable knowledge base to base their own deals on.

But Priceline isn’t just stopping with Kayak. It also forged a deal with International, Ltd. (ADR)(NASDAQ:CTRP) in an effort to cash in on the fast-growing international markets, especially among travel-hungry Chinese tourists. By sharing access to its portfolio of hotels, Priceline is cementing its leading role overseas in a way that U.S. investors may not appreciate as much as they should.

In Priceline’s earnings report, look for the company to take a critical look at its ongoing competition with Expedia, which has had great success in turning around its once-struggling business. Moreover, Priceline should be able to give particular insight into Europe’s woes and the impact they could have on travel activity going forward. With the shares well below their highs from last spring, Priceline has room to move higher if it gives investors good news.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!