Priceline.com PCLN releases its next round of earnings this Thursday, August 4, 2011. Here is Benzinga's everything-that-matters guide for this Thursday's second quarter earnings announcement.
Earnings and Revenue:
Analysts are predicting an EPS reading of $4.58/share and revenues of $1.07 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of $2.81/share on revenues of $767.4 million. Can priceline.com manage the estimated 63% rise in EPS and 39.4% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 | Q4 | Q3 | Q2 |
| EPS Estimate | $2.13 | $2.80 | $4.72 | $2.47 |
| EPS Actual | $2.40 | $3.04 | $4.97 | $2.81 |
Stock Performance:
As of July 29, 2011, priceline.com's current share price was $537.65. Shares are up 34.6% year to date. For a full 12 months, the return has risen by 53.8%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for priceline.com is a Moderate Buy. The strength of this rating has declined slightly over the past three months.
Competitors:
Want to check out the performance of priceline.com closest competitors? Take a look at some of the company's peers in the consumer discretionary sector.
- Expedia EXPE: Hold with a $0.50 recent quarter EPS
- Interval Leisure Group IILG: Strong Buy with a $0.23 recent quarter EPS
- Orbitz Worldwide OWW: Moderate Sell with a -$0.11 recent quarter EPS
- Ctrip.com International (CTRP): Moderate Buy with a $0.24 recent quarter EPS
Priceline.com is in the internet commerce industry, which has experienced price/earnings growth of 1.5%.
Finally, a description of the company's main areas of operation: Priceline.com is an online travel company that offers travel services, including hotel rooms, airline tickets, vacation packages, car rentals, cruises and destination services.
Take Action:
That's your advanced look at priceline.com's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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