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Priceline Group (PCLN) stock fell Thursday after the online travel agency gave a soft outlook for Q2, saying the strong dollar continues to hamper its growth, even as the online travel site’s Q1 earnings beat analyst expectations. Priceline forecast Q2 EPS ex items of $10.95 and $11.75, down 12% to 6% from the year-ago quarter. Analysts polled by Thomson Reuters had modeled $13.10, up nearly 5%. Priceline forecast Q2 revenue as ranging from flat Scalper1 News
Scalper1 News