priceline.com Inc. (PCLN) reported second quarter non-GAAP net income of $7.85 per share after the close Tuesday, up from $5.49 per share in the previous year. The consensus estimate was for EPS of $7.37. Third quarter non-GAAP EPS is expected to be between $11.10 and $12.10. The consensus estimate is for EPS of $12.82.
priceline.com has gapped open sharply lower Wednesday morning and is now down 98.34 at $581.46. The stock has plunged to over a 5-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.