Trip.com Group Ltd reports results for the quarter ended in December - Earnings Summary

Reuters02-23

* Trip.com Group Ltd reported quarterly adjusted earnings of CNY2.74​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of 76 fen. The mean expectation of twelve analysts for the quarter was for earnings of CNY2.31 per share. Wall Street expected results to range from CNY1.75 to CNY3.15 per share.

* Revenue rose 105.4% to CNY10.33 billion from a year ago; analysts expected CNY10.22 billion.

* Trip.com Group Ltd's reported EPS for the quarter was CNY1.94​.

* The company reported quarterly net income of CNY1.3 billion.

* Trip.com Group Ltd shares had risen by 28.1% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 1.1% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* 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 average consensus recommendation for the leisure & recreation peer group is also "strong buy"

Wall Street's median 12-month price target for Trip.com Group Ltd is HK$403.90 This summary was machine generated from LSEG data February 23 at 03:02 a.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 2.31 2.74 Beat

Sep. 30 2023 4.85 7.26 Beat

Jun. 30 2023 3.60 5.11 Beat

Mar. 31 2023 1.81 3.07 Beat

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