Trip.com Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Trip.com Group Limited (NASDAQ:TCOM) is set to release its first-quarter earnings after the closing bell on Monday. Analysts expect earnings of 57 cents per share and revenue of $1.61 billion, both up from the previous year. Recent analyst ratings include Buy and Outperform with price targets ranging from $53 to $60.
May 20, 2024 | 6:32 am
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Trip.com is expected to report strong Q1 earnings with EPS of 57 cents and revenue of $1.61 billion. Analysts have recently reiterated Buy and Outperform ratings with price targets between $53 and $60.
The anticipated strong earnings and positive analyst ratings suggest a likely short-term increase in TCOM's stock price. The consistent upward revisions in price targets by multiple analysts further support this positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100