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

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On Tuesday May 9th, Priceline will release its first quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of C.

In our video David will take a look at the current state of Priceline, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

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 $8.80 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $14.21, beating expectations by $1.15. Their average EPS surprise is 9.20%.

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 1:00pm today to see David’s thoughts.

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