GreenTree Hospitality Gr Clocks Q3 Revenue of $63.2M, up by 15.3% YoY. Adj EPADS of $0.17
Portfolio Pulse from Benzinga Newsdesk
GreenTree Hospitality Group reported a 15.3% year-over-year increase in Q3 revenue, totaling $63.2 million. The company also posted an adjusted earnings per ADS (American Depositary Share) of $0.17.
November 22, 2023 | 7:26 am
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GreenTree Hospitality Group (GHG) saw a significant increase in Q3 revenue by 15.3% YoY and reported an adjusted EPADS of $0.17.
The reported increase in revenue and positive adjusted EPADS for GreenTree Hospitality Group is likely to be viewed positively by investors, suggesting a potential short-term uptick in GHG's stock price. The earnings report directly reflects the company's financial health and performance, which is a critical factor for stock valuation.
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