H World Group Q2 Adj Earnings Per ADS $0.45 Beats $0.35 Estimate, Sales $762.00M Beat $737.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
H World Group (NASDAQ:HTHT) reported Q2 adjusted earnings of $0.45 per ADS, beating the analyst consensus estimate of $0.35 by 28.57%. This is a 1225% increase from the same period last year. The company also reported quarterly sales of $762.00 million, beating the analyst consensus estimate of $737.15 million by 3.37%, a 51.19% increase from the same period last year.
August 24, 2023 | 10:18 am
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H World Group's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
H World Group reported significantly higher earnings and sales than expected, indicating strong financial performance. This positive news is likely to increase investor confidence and could lead to a rise in the company's stock price in the short term.
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