CORRECTION: H World Group Q4 Adj. EPS $0.29 Misses $0.36 Estimate, Sales $786.00M Beat $756.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
H World Group (NASDAQ:HTHT) reported Q4 adjusted EPS of $0.29, missing the consensus estimate of $0.36 by 19.44%, but showed a 341.67% increase from last year's losses. Sales reached $786M, beating estimates by 3.84% and marking a 46.37% increase from the previous year.
March 20, 2024 | 12:08 pm
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H World Group reported a mixed Q4 earnings result with an EPS miss but a beat on sales, showing significant year-over-year growth.
The mixed earnings report presents a complex picture. The miss on EPS could concern investors about profitability, while the beat on sales and significant year-over-year growth could signal strong demand and operational success. The net impact on the stock price is uncertain in the short term, as investors weigh these factors.
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