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Bartosiak: Trading Priceline???s (PCLN) Earnings with Options

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On Monday, February 27th, Priceline will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.

Dave will look at Priceline’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Priceline ahead of earnings.

Priceline in Focus

Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a demand collection system that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Using a simple and compelling consumer proposition - Name Your Own Price - priceline.com collects consumer demand, in the form of individual customer offers guaranteed by a credit card, for a particular product or service at a price set by the customer.

Priceline is expected to report earnings at $12.98 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 3.47%, reporting at $13.43 per share. Last quarter they were expected to report at $12.98 per share. They have an average earnings surprise of -2.88%.

The Priceline Group Inc. Price, Consensus and EPS Surprise

The Priceline Group Inc. Price, Consensus and EPS Surprise | The Priceline Group Inc. Quote

Bottom Line

How should investors play Priceline ahead of their earnings report? For insights on the best options trades, then tune in 9:00 am tomorrow to see David’s thoughts.

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