By Doug Tsuruoka, Investor's Business Daily
Priceline (NASDAQ: PCLN) is set to report its fourth-quarter results after the close of regular trading on Monday, and despite woes for its key European market, analysts are upbeat.
The consensus average of 23 analysts polled by Thomson Reuters calls for the Norwalk, Conn.-based online travel company to post EPS excluding items of $5.05, up 48.5% from $3.40 in the year-ago quarter. Sales are expected to rise 32% to $968.3 million.
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