Investing.com – Trip.com ADR reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Trip.com ADR announced earnings per share of 1.94 on revenue of 8.34B. Analysts polled by Investing.com anticipated EPS of 0.81 on revenue of 8.25B. That with comparison to EPS of 0.9 on revenue of 7.56B in the same period a year before. Trip.com ADR had reported EPS of 3.7 on revenue of 10.48B in the previous quarter. Analysts are expecting EPS of 0.49 and revenue of 6.68B in the upcoming quarter.
Trip.com ADR shares are down 35.51% from the beginning of the year , still down 53.48% from its 52 week high of 46.50 set on April 12, 2019. They are under-performing the Nasdaq which is down 22.67% year to date.
Trip.com ADR follows other major Services sector earnings this month
Trip.com ADR’s report follows an earnings beat by Home Depot on February 25, who reported EPS of 2.28 on revenue of 25.78B, compared to forecasts EPS of 2.11 on revenue of 25.76B.
Pinduoduo had beat expectations on March 11 with first quarter EPS of -1.52 on revenue of 10.79B, compared to forecast for EPS of -1.88 on revenue of 11.04B.
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