H World Group Q2 Adj EPS $0.43 Beats $0.35 Estimate, Sales $785.40M Beat $737.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
H World Group (NASDAQ:HTHT) reported Q2 adjusted earnings of $0.43 per share, beating the analyst consensus estimate of $0.35 by 22.86%. This is a 1175% increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $785.40 million, beating the analyst consensus estimate of $737.15 million by 6.55%, a 55.83% increase over sales of $504.00 million the same period last year.
August 24, 2023 | 10:18 am
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H World Group's Q2 earnings and sales beat estimates, indicating a strong financial performance.
H World Group's Q2 earnings and sales exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100