Investing.com - Trip.com Group reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Trip.com Group announced earnings per share of 0.2409 on revenue of 4.18B. Analysts polled by Investing.com anticipated EPS of 0.1991 on revenue of 4.19B.
Trip.com Group shares are down 46.78% from the beginning of the year , still down 22.89% from its 52 week high of 261.20 set on Friday, October 15, 2021. They are under-performing the EUR/USD which is down 0% year to date.
Trip.com Group follows other major Consumer Discretionary sector earnings this month
Trip.com Group's report follows an earnings beat by Meituan on Friday, August 26, 2022, who reported EPS of -0.18 on revenue of 50.94B, compared to forecasts EPS of -0.4817 on revenue of 49.1B.
Jd Com had missed expectations on Tuesday, August 23, 2022 with second quarter EPS of 1.16 on revenue of 306.54B, compared to forecast for EPS of 1.63 on revenue of 306.12B.
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