Equity Research on priceline.com Inc. and Orbitz Worldwide Inc. - Online Travel Companies Disappoint With Depressed Outlooks
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/17/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Online Travel Services industry and are offering free analytical research on (NASDAQ: PCLN) and (NYSE: OWW). Register with us now to have free access to these research reports. Simply click on the link below.
Many companies involved in providing online travel services seem to have disappointed investors with their most recent quarterly results and outlooks for coming months. Concerns regarding macroeconomic volatility and softness in Europe appear to be weighing on the industry, as do fears of heightened competition as Google may be preparing to enter the market. Get your free reports on and at . There is no commitment to join.
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Higher marketing costs could impact the second quarter earnings of Orbitz Worldwide Inc., which declined by 48 percent. Revenue slipped by 0.4 percent. The company has since adjusted its outlook for full year revenue growth to between 2 and 4 percent from 4 and 8 percent previously. report is accessible for free by registering today at
Elsewhere in the industry, Priceline.com Incorporated impressed with its second quarter earnings growth of 37 percent and revenue growth of 20.3 percent year-over-year. However, Priceline's outlook for the third quarter was also lower than some anticipated, coming in at $11.10 to $12.10 per share with expected revenue growth of between 9 and 15 percent. report is accessible for free by registering today at
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