Priceline Earnings: Likely to Beat Estimates, But May Disappoint on Revenue

Priceline (PCLN) reports earnings Monday after the bell. It has exceeded estimates almost every quarter. It would likely beat the $4.97 per share earnings estimate based on the year ago’s 2nd to 3rd quarter jump as provided in the chart below. (Chart from MSN Money)

click to enlarge

However, the $973.63 million in revenue may be hard to beat or meet based on last year’s 2nd to 3rd quarter as shown in the chart above.

That said, I would carefully watch PCLN. The odds are high that it will beat, but may disappoint on revenue. If it does beat, the stock has averaged a 15% jump in one day. However, even if it does miss, you can buy more shares. It is very likely that the stock will go higher in the long run.

Disclosure: None
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About Michael Bryant
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Investor. Mission: Help people make money. Degree: Chemistry from NC State University.

Over the last 9 years, I am 7-2. Over the 7 years, I was up 130%, 29%, 15%, 3%, 19%, 25%, 56% from 2001-2007 respectively. 2008 and 2009 were down years for me, averaging about a 39% annual loss.

I invest in all stocks. I don't agree that US stocks are the safest. Want a safe stock, try TEVA. It did not fall much, or at all, during the credit crisis. And generics are the future.

Anybody can make money. Don't let Wall Street analysts manipulate you. There analysis is good, but don't take everything they say.

Good luck investing, and I will do everything I can to make you money.

Oh, and I ...More invest in rather risky stocks with high potentials. If you are nearing retirement, I don't recommend you copy my portfolio. I will label my stocks with the risk/reward factor. I am adding a watch list with some stocks for retirement investors that I like. All watch list stocks are long term holdings.

Current holdings:

CCME (high risk/high reward)

URRE (high risk/high reward)

Watch list:

LVS (medium risk/high reward)

SAM (medium risk/high reward)

CMG (medium risk/high reward)

ZNH (medium risk/high reward)

RDY (medium risk/high reward)

YZC (low risk/high reward)

CF (low risk/high reward)

QCOR (low risk/high reward)

NVO (low risk/high reward)

BIDU (low risk/high reward)

PCLN (low risk/high reward)

CLF (low risk/medium reward)

AAPL (low risk/medium reward)

GOOG (low risk/medium reward)

TEVA (low risk/medium reward)

CIM (low risk/medium reward) - dividend stock

TNH (low risk/medium reward) - dividend stock

GOL (low risk/medium reward) - dividend stock

SID (low risk/medium reward) - dividend stock

WTU (high risk/high reward) - dividend stock