Priceline.com Incorporated Earnings Preview: Can This Streak Continue?

Priceline.com Incorporated (NASDAQ:PCLN) will report earnings after markets close on Thursday, May 9th. Priceline.com Incorporated enables consumers to use the Internet to save money on a variety of products and services. The Company’s product allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.

Here is your Cheat Sheet to Priceline.com Incorporated Earnings:

Earnings Expectations: Analysts expect earnings of $5.27 per share on revenues of $1.28 billion. Currently, the company’s P/E ratio stands at 25.59.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $9.23 to a profit $9.58. For the current year, the average estimate is a profit of $38.53, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Priceline.com Incorporated has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,885 2,338 3,085 4,356 5,261
Diluted EPS ($) 3.74 9.88 10.35 20.63 27.66

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 990.77 1,037 1,327 1,706 1,191
Diluted EPS ($) 4.403 3.54 6.88 11.66 5.614

Past Performance:
Priceline.com Incorporated has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)