Priceline Group Inc (NASDAQ:PCLN) shares took a nosedive on the company’s bleak outlook.

A weak point in the company’s future is its projected growth in room nights booked, which will be between 8% and 13%, while analysts see this figure as being 15%. During the fourth quarter of fiscal 2016, room nights booked had surged 31% year-over-year.

For its third quarter, Priceline earned $35.22 per share, almost a dollar ahead of the consensus estimate of $34.25 per share, according to data compiled by Thomson Reuters. A year ago, the company earned $29.69 per share.

Revenue tallied up to $4.43 billion for the quarter, handily topping the $4.34 billion that analysts polled by Thomson Reuters had projected. Year-over-year, the company’s revenue rose 20.1%.

It was also a good period for Priceline’s gross bookings, which came in at $21.8 billion, ahead of the $21.45 billion that analysts surveyed by StreetAccount had predicted.

One of the reasons for the company’s weaker forecast is the decline in bookings caused by the hurricanes that ravaged the country in recent months. Other major travel websites have experienced similar losses over the same period.

Priceline CEO Glenn Fogel commented on the matter, noting that the company still managed to have a “seasonally busy” third quarter that was marked by “solid growth and operating results.”

PCLN stock took a hit after the bell, slipping 9.6% as of 5:20 p.m. The shares had posted a 0.5% gain during regular trading hours.