Online Travel Field Comes Into Focus When This Giant Reports Earnings

With its shares trading near record highs, online travel firm Priceline (PCLN) is set to report second-quarter earnings after the market close on Tuesday.

XAutoplay: On | OffThe consensus estimate is for Priceline to report adjusted earnings of $14.27, as polled by Zacks, up 2% from the year-ago quarter, with revenue rising 17% to $3 billion.

RBC Capital Markets analyst Mark Mahaney has an outperform rating on Priceline — the equivalent of a buy — and price target of 2,000.

Priceline...

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