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Priceline.com Inc. (PCLN) Is Falling After Q1 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Priceline.com Inc. (PCLN) reported first quarter adjusted EPS of $4.28 after the close Wednesday, up from $2.66 in the prior year period. The consensus estimate was for EPS of $3.95. The company expects to report second quarter adjusted EPS of $7.20 to $7.40, compared to the consensus estimate of 7.38.

Priceline.com has gapped open lower Thursday morning and is now down 21.80 at $697.15. The stock has fallen to over a 2-week low and has slipped beneath its 50-day moving average.

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