Trip.com Group Q1 Adj EPS $0.83 Beats $0.57 Estimate, Sales $1.65B Beat $1.61B Estimate
Portfolio Pulse from Benzinga Newsdesk
Trip.com Group (NASDAQ:TCOM) reported strong Q1 results with adjusted EPS of $0.83, beating the estimate of $0.57, and sales of $1.65 billion, surpassing the $1.61 billion estimate. This represents significant year-over-year growth in both earnings and sales.
May 20, 2024 | 10:04 pm
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Trip.com Group reported Q1 adjusted EPS of $0.83, significantly beating the $0.57 estimate, and sales of $1.65 billion, surpassing the $1.61 billion estimate. This indicates strong financial performance and substantial year-over-year growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive market sentiment and potential short-term price appreciation for TCOM.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100