H World Group Q4 Adj EPS $0.29 Misses $0.36 Estimate, Sales $786.00 Miss $756.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
H World Group (NASDAQ:HTHT) reported Q4 adjusted EPS of $0.29, missing the $0.36 estimate, but marked a 341.67% increase from last year's losses. Sales reached $786M, surpassing the $756.94M estimate, representing a significant increase from $537M in the same period last year.
March 20, 2024 | 11:35 am
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H World Group reported a Q4 adjusted EPS of $0.29, missing estimates, but showed a significant increase from last year's losses. Sales exceeded expectations, indicating strong growth.
Despite missing the EPS estimate, the significant year-over-year growth in both earnings and sales suggests a strong operational performance. This could lead to positive investor sentiment in the short term, potentially driving the stock price up.
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