The Priceline Group Inc. Profit Rises 21% In Q3

(RTTNews) - The Priceline Group Inc. (PCLN) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line came in at $1.57 billion, or $31.18 per share. This was up from $1.30 billion, or $25.35 per share, in last year's third quarter.

Analysts had expected the company to earn $29.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.1% to $3.69 billion. This was up from $2.95 billion last year.

The Priceline Group Inc. earnings at a glance:

-Earnings (Q3): $1.57 Bln. vs. $1.30 Bln. last year. -Earnings Growth (Y-o-Y): 20.8% -EPS (Q3): $31.18 vs. $25.35 last year. -EPS Growth (Y-o-Y): 23.0% -Analysts Estimate: $29.32 -Revenue (Q3): $3.69 Bln vs. $2.95 Bln last year. -Revenue Change (Y-o-Y): 25.1%