Priceline Blows Earnings Out Of The Water

williamshatnerpriceline

Priceline just posted a huge Q3, as expected, led by strong international growth, and gave strong Q4 guidance.

Shares are up 6% after hours.

Here are the details:

  • $1 billion in revenue vs. $974 million consensus
  • $5.33 non-GAAP EPS vs. $4.97 consensus
  • 67% y/y international gross bookings growth, vs. estimates around 50%
  • Q4 guidance of 36%-41% y/y growth in gross bookings, vs. estimates around 28%
  • Q4 guidance of $2.91-$3.06 non-GAAP EPS vs. $2.68 consensus

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