Business

Market mover

Priceline’s earnings surge by 28 percent

The actor William Shatner has long been the face of Priceline in television ads.

Priceline.com via AP

The actor William Shatner has long been the face of Priceline in television ads.

Advertisement

Priceline.com’s adjusted quarterly earnings beat the forecasts — up 28 percent — as international business surged. The online travel agency’s per-share earnings were $6.77; revenue was $1.19 billion, up nearly 33 percent over a year. CEO Jeffery H. Boyd said international bookings grew 43 percent, showing “the resilience of the business in 2012 despite economic uncertainty in our core European market.” Priceline forecasts first-quarter 2013 earnings of $4.90 to $5.30, versus an average analyst estimate of $5.14.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com