Analysts expect earnings of $21.11 per share for Priceline Group Inc (NASDAQ:PCLN)'s third quarter

The most recent projections for the third quarter that ended in September 2014, for Priceline Group Inc (NASDAQ:PCLN) indicates a curbing by Wall Street and have a current range between $20.07 and $22.18 per share with a consensus of $21.11 per share.RECOMMENDATIONS

• The consensus recommendation for Priceline Group Inc (NASDAQ:PCLN) is a buy.
• The recommendations from twenty-six analysts include seven strong buy, sixteen buy and three hold.
• A buy is the average consensus recommendation for the Diversified Leisure peer group.

FORECAST CHANGES

• At the present time, twenty-three analysts provide Thomson Reuters I/B/E/S with estimates.
• Three downward revisions were made to estimates over the last week.
• Within the past four weeks, seven downward revisions were made.
• Over the last four weeks, the consensus earnings per share estimate has fallen from $21.20 per share.
• The high estimate four weeks ago was $22.40 and the low estimate was $20.46.

YEAR OVER YEAR

• Current quarter consensus estimate of $21.11 per share implies an increase of 22.01% from the same quarter last year when the company earned $17.30 per share.
• Earnings for the peer group are forecasted to rise above the corresponding quarter last year and have been revised downward over the last four weeks.

Priceline Group Inc (NASDAQ:PCLN) is trading slightly down in afternoon trade on Thursday.