Priceline (PCLN) Profit Trading with Options

Priceline (PCLN) will report first-quarter earnings on Tuesday, May 9, after the bell. The company is a Zacks Rank #3 (Hold) with a value, growth, and momentum of C.

In our video, David will take a look at Priceline’s current situation, its previous earnings announcements, and share with us his thoughts on its upcoming earnings call. In addition, David will also tell us about how to play the options market.

Price line in focus

Priceline.com Incorporated pioneered a unique e-commerce pricing system, known as a demand harvesting 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 revenues. Using a simple and attractive consumer proposition – Name Your Own Price – Priceline.com collects consumer demand in the form of individual credit card-guaranteed customer offers for a specific product or service at a price set by the customer.

According to the Zacks Consensus Estimate, Priceline is expected to post earnings of $8.80 per share. Last quarter, they reported earnings of $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 | Priceline Group Inc. Valuation

Bottom line

How should investors play Priceline ahead of its earnings report? For insight into the best options trades, tune in today at 1 p.m. to hear David’s thoughts.

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The Priceline Group Inc. (PCLN): Free Stock Analysis Report

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