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0 0.00280112044817927 0.00224089635854342 -0.00112044817927171 -0.0196078431372549 -0.0282913165266106 -0.0360112044817927 -0.034733893557423
Stock impact report

Priceline lower after guidance disappoints [Seeking Alpha]

THE PRICELINE GROUP INC COMMON (PCLN) 
US:NASDAQ Investor Relations: ir.pricelinegroup.com/events.cfm
Company Research Source: Seeking Alpha
Priceline lower after guidance disappointsPriceline (NASDAQ:PCLN) trades lower after guidance arrives below expectations.For Q3, the company reported adjusted EBITDA of $2.20B vs. $2.15B consensus.Gross travel bookings increased 18% in Q3 vs. guidance of 11% to 16%. On a constant-currency basis, gross bookings were up 16%.Room nights increased 18.6% during the quarter, while rental car days were up 5.5%. Airline tickets fell 11.8%.The online travel company sees Q4 EPS of $13.40 to $14.00 vs. $15.56 consensus and Q4 EBITDA of $870M to $910M vs. $1.00B consensus.Shares of Priceline aredown 6.46% in AH trading.See all stocks on the move » Show less Read more
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