H World Group Q3 Adjusted Earnings Drop, Revenue Increases

MT Newswires Live11-26

H World Group (HTHT) reported Q3 adjusted earnings Tuesday of 4.29 Chinese renminbi ($0.61) per diluted American depositary share, down from 4.67 renminbi a year earlier.

Two analysts polled by FactSet expected 4.72 renminbi.

Revenue for the quarter ended Sept. 30 was 6.44 billion renminbi, up from 6.29 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 6.55 billion renminbi.

The Chinese hotel company said it expects Q4 revenue growth of 1% to 5% compared with a year earlier.

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