Priceline.com Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component priceline.com Incorporated (NASDAQ:PCLN) will unveil its latest earnings on Monday, November 7, 2011. Priceline.com is an online travel company that offers travel services, including hotel rooms, airline tickets, vacation packages, car rentals, cruises, and destination services.

priceline.com Incorporated Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $9.02 per share, a rise of 81.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $7.54. Between one and three months ago, the average estimate moved up. It has dropped from $9.03 during the last month. Analysts are projecting profit to rise by 76.7% versus last year to $21.65.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 69 cents, reporting profit of $5.27 per share against a mean estimate of net income of $4.58 per share.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: On average, analysts predict $1.42 billion in revenue this quarter, a rise of 42% from the year ago quarter. Analysts are forecasting total revenue of $4.32 billion for the year, a rise of 40.3% from last year’s revenue of $3.08 billion.

Analyst Ratings: Analysts are bullish on this stock with 14 analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the first quarter, profit rose 94.5% to $104.8 million ($2.05 a share) from $53.9 million ($1.06 a share) the year earlier, exceeding analyst expectations. Revenue rose 38.5% to $809.3 million from $584.4 million.

Key Stats:

Revenue has gone up for three straight quarters. It rose 35% in the fourth quarter of the last fiscal year from the year earlier and 37.1% in the third quarter of the last fiscal year.

Competitors to Watch: Orbitz Worldwide, Inc. (NYSE:OWW), Expedia, Inc. (NASDAQ:EXPE), Travelzoo Inc. (NASDAQ:TZOO), Universal Travel Group (NYSE:UTA), Ctrip.com Intl., Ltd. (NASDAQ:CTRP), Viad Corp (NYSE:VVI) and Interval Leisure Group, Inc. (NASDAQ:IILG).

Stock Price Performance: During October 4, 2011 to November 1, 2011, the stock price had risen $45.02 (10.1%) from $444 to $489.02. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10-straight days, rising 14.3% (+$69.18) over that span. It saw one of its worst periods between September 23, 2011 and October 4, 2011 when shares fell for eight-straight days, falling 13.7% (-$70.61) over that span. Shares are up $89.47 (+22.4%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.