* H World Group Ltd reported quarterly adjusted earnings of CNY2.30 per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -82 fen. The mean expectation of four analysts for the quarter was for earnings of CNY2.57 per share. Wall Street expected results to range from CNY2.41 to CNY2.74 per share.
* Revenue rose 50.7% to CNY5.59 billion from a year ago; analysts expected CNY5.45 billion.
* H World Group Ltd's reported EPS for the quarter was CNY2.30.
* The company reported quarterly net income of CNY1.34 billion.
* H World Group Ltd shares had risen by 18.8% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.9% 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 "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the hotels, motels & cruise lines peer group is also "buy"
Wall Street's median 12-month price target for H World Group Ltd is $53.30 This summary was machine generated from LSEG data March 21 at 01:06 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 2.57 2.30 Missed
Sep. 30 2023 3.15 4.23 Beat
Jun. 30 2023 2.51 3.27 Beat
Mar. 31 2023 -0.12 3.20 Beat
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