Earnings Outlook For Trip.com Group
Portfolio Pulse from Benzinga Insights
Trip.com Group (NASDAQ:TCOM) is anticipated to release its quarterly earnings report on February 21, 2024, with an expected EPS of $0.33. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings reports, despite a 12.63% increase in share price over the last 52 weeks. The stock was trading at $41.25 as of February 19.
February 20, 2024 | 4:02 pm
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Trip.com Group is expected to report quarterly earnings with an EPS of $0.33 on February 21, 2024. Investors are looking for an earnings beat and positive future guidance. The stock has seen a 12.63% increase over the last year.
Given the anticipation of an earnings beat and positive guidance, along with a historical 12.63% increase in share price over the last year, there is a strong likelihood of a positive short-term impact on TCOM's stock price. However, the mixed reactions to past earnings reports introduce some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100