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Priceline.com Inc. (PCLN) Has Jumped To A New High On Q4 Results

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priceline.com Inc. (PCLN: Quote) 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.

priceline.com has gapped open sharply higher Tuesday morning and is now up 38.97 at $630.51. The stock has been rising for the past month and a half and has set a new high for the year.

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by RTT Staff Writer

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