H World Expects 3Q23 Revenue To Grow 43%-47% YoY; For FY23 Sees Revenue Growth Of 48%-52% YoY (Prior 42%-46%)
Portfolio Pulse from Benzinga Newsdesk
H World has raised its revenue growth expectations for Q3 2023 to 43%-47% YoY, up from the previous guidance. The company also increased its full-year 2023 revenue growth forecast to 48%-52% YoY, up from the previous 42%-46%. The growth rates excluding DH are even higher.
August 25, 2023 | 5:12 am
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POSITIVE IMPACT
H World's raised revenue growth expectations for Q3 and full-year 2023 could positively impact HTHT's stock in the short term.
H World's raised revenue growth expectations indicate strong business performance, which could positively impact investor sentiment and drive up HTHT's stock price in the short term.
CONFIDENCE 90
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RELEVANCE 100