Company Update: Incorporated (NASDAQ:PCLN) – The Priceline Group to Webcast 1st Quarter 2016 Financial Results on May 4th

[PR Newswire] – NORWALK, Conn., April 12, 2016 /PRNewswire/ — The Priceline Group (PCLN) announced today that it intends to hold a conference call to discuss its 1st quarter 2016 financial results on Wednesday, May 4th at 7:30 a.m. ET. The Priceline Group will post a release containing its 1st quarter 2016 financial results on the company’s Investor Relations website at approximately 7:00 a.m. ET on Wednesday, May 4th. The Priceline Group (PCLN) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary brands –, , KAYAK,,, and OpenTable. Read more on this. The Priceline Group Inc. (PCLN) , currently valued at $64.12B, finished at $1,264.63. During the trading session, PCLN traded between $1,255.80 to $1,292.90 with the price of the stock fluctuating between $954.02 to $1,476.52 over the last 52 weeks. PCLN shares are currently priced at 18.23x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 21.42x earnings multiple. In a review of the consensus earnings estimate this quarter, 27 sell-side analysts are looking at $9.64 per share, which would be $1.52 better than the year-ago quarter and a $0.16 sequential decrease. The full-year EPS estimate is $69.38, which would be a $11.05 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.12 Billion. If reported, that would be a 15.22% increase over the year-ago quarter. Recently, Pacific Crest Initiated PCLN at Sector Weight (Mar 31, 2016). Previously, Goldman downgraded PCLN from Buy to Neutral. The average price target for PCLN shares is $1,442.88, which is 0.00% above where the stock opened this morning. See more in (NASDAQ:PCLN) Similar Articles: Market Update: Incorporated (NASDAQ:PCLN) – Business Services Equity Movers and Shakers — Fiserv, PRA Group, The Priceline Group, and FleetCor Technologies Market Update: Incorporated (NASDAQ:PCLN) – The Priceline Group to Webcast 4th Quarter 2015 Financial Results on February 17th Stock Update: Incorporated (NASDAQ:PCLN) – The Priceline Group to Webcast 3rd Quarter 2015 Financial Results on November 9
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