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Morningstar Analyst On What To Watch For In Priceline's Q4 Results

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Speaking to Benzinga, Morningstar Analyst Dan Wasiolek discussed what he would look for in the Priceline Group Inc (NASDAQ: PCLN) Q4 results.

Wasiolek said that international bookings growth on constant currency basis would be important in comparison to Expedia Inc (NASDAQ: EXPE).

Revenue margin was another area of focus. “What we’ve seen from Expedia...the past few quarters is that their U.S. revenue margin continues to decline and recently their international revenue margin has declined because of [competition in China],” Wasiolek said.

Despite the declines for Expedia, “Priceline’s revenue margin has remained pretty stable,” and Wasiolek wanted to see if that trend continued. If it did remain stable it would be a sign of Priceline’s “advantages” versus Expedia in international markets.

Ahead of its earnings report, Priceline closed at $1,122.99 on Wednesday, up 0.18 percent.

Kevin Riley and Brianna Valleskey contributed to this report.

Latest Ratings for PCLN

DateFirmActionFromTo
Nov 2016Stifel NicolausUpgradesHoldBuy
Nov 2016Ascendiant CapitalMaintainsBuy
Nov 2016Goldman SachsMaintainsNeutral

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