H World Expects Q4 Revenue Growth of 41%-45% YoY and 48%-52% YoY excluding Steigenberger Hotels GmbH Vs $726.85M Est
Portfolio Pulse from Benzinga Newsdesk
H World Group, which may be referenced as HTHT, forecasts Q4 2023 revenue growth of 41%-45% year-over-year. Excluding the impact from Steigenberger Hotels GmbH, the growth is expected to be even higher, at 48%-52%, surpassing the estimated $726.85 million.

November 24, 2023 | 11:20 am
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H World Group anticipates a significant increase in Q4 2023 revenue, with growth rates between 41%-45% YoY, or 48%-52% when excluding Steigenberger Hotels GmbH, which is above the estimated $726.85 million.
The projected revenue growth for H World Group is significantly positive, indicating a robust performance that exceeds market expectations. This is likely to be viewed favorably by investors and could lead to a short-term increase in the stock price. The exclusion of Steigenberger Hotels GmbH from the growth calculation suggests that the core business is performing exceptionally well, which adds to the positive outlook.
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