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Online Travel Firm Releases Its Latest Quarterly Results Monday

June 20, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer is keeping an eye on Priceline (PCLN) Monday when the online travel firm releases its third quarter earnings results before the bell. Cramer says, ‘I think that what people have to look at when Priceline reports is that often the stock goes down and that might be your opportunity. It goes down because they put out very cautious guidance, the stock opens down, it finishes up. So if you get that pattern, if the company reports a great quarter and then gives cautious guidance in the statement and the stock opens down, I think you should buy some.’ Analysts polled by Reuters are expecting Priceline to post earnings of $24.23 a share on $3.05 billion in revenue for the quarter.

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