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What to Expect From Priceline Earnings

Priceline Group Inc. (NASDAQ: PCLN) is scheduled to report its first-quarter financial results before the markets open on Wednesday. The consensus estimates from Thomson Reuters call for $9.66 in earnings per share (EPS) on $2.12 billion in revenue. In the same period of last year, it posted EPS of $8.12 and $1.84 billion in revenue.

This internet travel leader was a big 2015 second-half laggard and took a huge leg down earlier this year before rebounding sharply. Priceline operates, which provides online accommodation reservation services;, which offers hotel, rental car and airline ticket...