priceline.com Inc. (PCLN) reported fourth quarter non-GAAP net income of $5.37 per share, up from $3.40 per share last year. The consensus estimate was for EPS of $5.05. The company expects to report first quarter non-GAAP EPS of $3.80 to $3.90, compared to the consensus estimate of $3.72. The stock is now up 34.90 on 378K shares.
priceline.com traded in a range for the majority of Monday's session and closed up by 1.13 at $591.54 on above average volume. The stock has been on an upward trend for the past month and a half and closed near the highs of the year.
by RTT Staff Writer
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