priceline.com (Nasdaq: PCLN ) is expected to report Q2 earnings on Aug. 7. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict priceline.com's revenues will improve 23.1% and EPS will improve 34.4%.
The average estimate for revenue is $1.36 billion. On the bottom line, the average EPS estimate is $7.38.
Last quarter, priceline.com tallied revenue of $1.04 billion. GAAP reported sales were 28% higher than the prior-year quarter's $809.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $4.28. GAAP EPS of $3.54 for Q1 were 73% higher than the prior-year quarter's $2.05 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 71.7%, 920 basis points better than the prior-year quarter. Operating margin was 23.6%, 460 basis points better than the prior-year quarter. Net margin was 17.5%, 460 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.46 billion. The average EPS estimate is $31.48.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,112 members out of 1,483 rating the stock outperform, and 371 members rating it underperform. Among 383 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 293 give priceline.com a green thumbs-up, and 90 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on priceline.com is outperform, with an average price target of $714.50.
If you're invested in retailers like priceline.com, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big-box retailing, and it's growing in increasingly important international markets. Get instant access to this free report.