Trip.com Group Ltd expected to post earnings of CNY2.31 a share - Earnings Preview

Reuters02-20

* Trip.com Group Ltd is expected to show a rise in quarterly revenue when it reports results on February 21 for the period ending December 31 2023

* The Shanghai-based company is expected to report a 103.3% increase in revenue to CNY10.22 billion from CNY5.03 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Trip.com Group Ltd is for earnings of CNY2.31 per share.

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 15 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Trip.com Group Ltd is HK$391.50​, above​ its last closing price of HK$327.40. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 4.93 4.85 7.26 Beat 49.6

Jun. 30 2023 3.61 3.60 5.11 Beat 42

Mar. 31 2023 1.79 1.81 3.07 Beat 69.7​

Dec. 31 2022 -0.19 -0.19 0.76 Beat 509.5

​​Sep. 1.16 1.16 1.58 Beat 36.5

30 2022

Jun. 30 2022 0.16 0.15 -0.31 Missed -310.6

Mar. 31 2022 -0.52 -0.54 -0.06 Beat 88.9

Dec. 31 2021 -0.56 -0.52 0.48 Beat 191.5

This summary was machine generated February 20 at 01:43 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment