Trip.com Group Q2 EPS $0.70 Beats $0.50 Estimate, Sales $1.60B Beat $1.48B Estimate
Portfolio Pulse from Charles Gross
Trip.com Group (NASDAQ:TCOM) reported Q2 earnings of $0.70 per share, beating the analyst consensus estimate of $0.50 by 40%. This is a 1500% increase over losses from the same period last year. The company also reported quarterly sales of $1.60 billion, beating the analyst consensus estimate of $1.48 billion by 8.11%. This is a 167.11% increase over sales from the same period last year.
September 04, 2023 | 10:36 pm
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POSITIVE IMPACT
Trip.com's Q2 earnings and sales significantly beat estimates, indicating strong financial performance.
Trip.com's Q2 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100