Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Priceline reported non-GAAP EPS of $5.49, trouncing the consensus estimate of $4.91. Management guided Priceline's non-GAAP EPS for the current quarter to $9.10 to $9.30, well above the $7.98 consensus estimate.
Now what: What a difference from TravelZoo's July 21 earnings report, when EPS of $0.30 badly missed the consensus estimate of $0.39. TravelZoo's revenue grew 34% year over year, well below Priceline's revenue growth of 44% year over year. That suggests that Priceline is taking market share. What's more, TravelZoo's disappointing results probably kept expectations low going into Priceline's earnings report.
Interested in more info on TZOO? Add it to your watchlist.