H World Group Expects Q2 Revenue Growth Of 51%-55% Y/Y Vs Consensus $698.47M; Reiterates FY23 Revenue Growth Of 42%-46% Y/Y Vs Consensus $2.82B
Portfolio Pulse from Benzinga Newsdesk
H World Group anticipates Q2 revenue growth of 51%-55% Y/Y, surpassing the consensus of $698.47M. The company also reiterates its FY23 revenue growth projection of 42%-46% Y/Y, compared to the consensus of $2.82B.
May 30, 2023 | 7:45 am
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H World Group's Q2 revenue growth is expected to be 51%-55% Y/Y, outperforming the consensus of $698.47M. The company also maintains its FY23 revenue growth outlook of 42%-46% Y/Y, against the consensus of $2.82B.
H World Group's higher-than-expected Q2 revenue growth and maintained FY23 revenue growth outlook indicate strong financial performance. This positive news is likely to have a short-term positive impact on HTHT's stock price.
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