Trip.com Group Limited American Depositary Receipt (TCOM)
Trip.com Stock Jumps as Strong Chinese Travel Trends Boost Earnings
U.S.-listed shares of Trip.com Group Ltd. (TCOM) took off Tuesday after the largest online travel service in China posted better-than-expected results on booming demand for foreign trips.
Travel Stocks Jump as Trip.com Tops Quarterly Estimates
Shares of travel-industry companies moved higher on Tuesday, lifted by the news that Trip.com Group (TCOM), the largest online travel service in China, topped sales and profit estimates for the second quarter.
Trip.com (TCOM) Tops Q2 Earnings Estimates
Trip.com (TCOM) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.70 per share a year ago.
Trip.com: The Hottest Consumer Market In China
Trip.com is a leading online travel agent in China, controlling 50% of the market, with strong growth prospects due to eased travel restrictions and increasing international flight capacity. The company trades at 14X forward earnings, lower than international peers, but corporate governance issues and a lack of shareholder returns are significant concerns. Despite generating strong cash flow, TCOM has not paid dividends and has engaged in limited share buybacks, raising red flags about capital allocation.
Trip.com Group Limited (TCOM) Q2 2024 Earnings Call Transcript
Trip.com Group Limited (NASDAQ:TCOM ) Q2 2024 Earnings Conference Call August 26, 2024 8:00 PM ET Company Participants Michelle Qi - Senior IR Director James Liang - Executive Chairman Jane Sun - CEO Cindy Wang - CFO Conference Call Participants Joyce Ju - Bank of America Alex Poon - Morgan Stanley Thomas Chong - Jefferies Brian Gong - Citi Alex Yao - JPMorgan Wei Xiong - UBS Simon Cheung - Goldman Sachs Jiong Shao - Barclays Ellie Jiang - Macquarie Parash Jain - HSBC Operator [Starts Abruptly] After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
Top Wall Street Forecasters Revamp Trip.com Group Price Expectations Ahead Of Q2 Earnings
Trip.com Group Limited TCOM is expected to release earnings results for its second quarter, after the closing bell on Monday, Aug. 26.
Here's Why Trip.com (TCOM) Fell More Than Broader Market
Trip.com (TCOM) concluded the recent trading session at $42.60, signifying a -0.91% move from its prior day's close.
Trip.com (TCOM) Earnings Expected to Grow: Should You Buy?
Trip.com (TCOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Trip.com (TCOM) Rises But Trails Market: What Investors Should Know
In the most recent trading session, Trip.com (TCOM) closed at $42.01, indicating a +1.45% shift from the previous trading day.
Trip.com (TCOM) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, Trip.com (TCOM) closed at $41.87, marking a -0.92% move from the previous day.
Why Trip.com (TCOM) is Poised to Beat Earnings Estimates Again
Trip.com (TCOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Trip.com (TCOM) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Trip.com (TCOM) stood at $43.09, denoting a -0.6% change from the preceding trading day.
