General Motors: Reuters reporting that GM is likely to purchase a 5% stake in Peugeot
Apple: AAPL +0.90% continues into all-time high territory as shares clear the 527.00 handle; 527.26 HoD
MGM Resorts: MGM vol. alert to the downside; +3M shares trade over the last 5 min. bar
ZAGG prelim $0.32 vs $0.17 Capital IQ Consensus Estimate; revs $67.5 mln vs $55.02 mln Capital IQ Consensus Estimate
ZAGG sees FY12 revs in excess of $250 mln vs $240.57 mln Capital IQ Consensus Estimate
ZAGG sees FY12 revs in excess of $250 mln vs $240.57 mln Capital IQ Consensus Estimate
Priceline.com prelim $5.37 vs $5.04 Capital IQ Consensus Estimate; revs $991 mln vs $968.31 mln Capital IQ Consensus Estimate
Reports Q4 (Dec) earnings of $5.37 per share, $0.33 better than the Capital IQ Consensus Estimate of $5.04; revenues rose 35.6% year/year to $991 mln vs the $968.31 mln consensus. Fourth quarter gross travel bookings for the Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by consumers, were $4.96 billion, an increase of 51.8% over a year ago; The Group's international operations contributed revenues in the 4th quarter of $610 million, a 62.7% increase versus a year ago (approximately 66% on a local currency basis).
Co issues upside guidance for Q1, sees EPS of $3.80-3.90, excluding non-recurring items, vs. $3.72 Capital IQ Consensus Estimate; y/y increase in total gross travel bookings of ~33% - 38%; y/y increase in international gross travel bookings of ~41% - 46% (an increase of approximately 43% - 48% on a local currency basis); y/y increase in domestic gross travel bookings of approximately 10%; y/y increase in revenue of approximately 22% to 27%; y/y increase in gross profit of ~40% to 45%; a djusted EBITDA of ~$243 million to $253 million.
Reports Q4 (Dec) earnings of $5.37 per share, $0.33 better than the Capital IQ Consensus Estimate of $5.04; revenues rose 35.6% year/year to $991 mln vs the $968.31 mln consensus. Fourth quarter gross travel bookings for the Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by consumers, were $4.96 billion, an increase of 51.8% over a year ago; The Group's international operations contributed revenues in the 4th quarter of $610 million, a 62.7% increase versus a year ago (approximately 66% on a local currency basis).
Co issues upside guidance for Q1, sees EPS of $3.80-3.90, excluding non-recurring items, vs. $3.72 Capital IQ Consensus Estimate; y/y increase in total gross travel bookings of ~33% - 38%; y/y increase in international gross travel bookings of ~41% - 46% (an increase of approximately 43% - 48% on a local currency basis); y/y increase in domestic gross travel bookings of approximately 10%; y/y increase in revenue of approximately 22% to 27%; y/y increase in gross profit of ~40% to 45%; a djusted EBITDA of ~$243 million to $253 million.