Priceline (PCLN) is scheduled to report after the bell today. The consensus is estimating that they will earn $9.29 on $1.4 billion of revenue.<\/p>\n
Next quarter is a different story as that is one of the weakest quarters that they usually report – next to Q1.<\/p>\n
Watch for a price move if they beat by more that $1.00. The average historical surprise has been +14.33%. This company needs to beat by some margin to move it much higher as it is now hitting up against its longer term downtrend.<\/p>\n
Important levels to watch:<\/strong><\/p>\n If the company misses, the $478.50 level is in play as this will bring it down to where it was just before the per-earnings run-up occurred. There is good support at that level.<\/p>\n On the upside, there is a good amount of resistance at $532\/$539.<\/p>\n Earnings have been a time that the stock has been hitting its high over the past few quarters and then rolling over right after earnings….<\/p>\n (We have a small short position into the release)<\/p>\n","protected":false},"excerpt":{"rendered":" Priceline (PCLN) is scheduled to report after the bell today. The consensus is estimating that they will earn $9.29 on $1.4 billion of revenue. Next quarter is a different story as that is one of the weakest quarters that they usually report – next to Q1. Watch for a price move if they beat by […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[487,490],"class_list":["post-16306","post","type-post","status-publish","format-standard","hentry","category-markets","tag-earnings","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/16306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=16306"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/16306\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=16306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=16306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=16306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}