H World Group Q2 EPS $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 earnings of $0.45 per share, beating the analyst consensus estimate of $0.35 by 28.57%. This is a 1225% increase over losses 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%. This is a 51.19% increase over sales from the same period last year.
August 25, 2023 | 5:08 am
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POSITIVE IMPACT
H World Group's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
H World Group's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in earnings and sales further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100