Subscribe To

Price Alert Latest News Economic Calendar News

TCOM / Trip.com stock up as 1Q financial results beat estimates on China travel recovery

Trip.com Group Ltd shares rose more than 4% to $35.80 in early Thursday trading after the China-based travel service provider swung to a first-quarter 2023 adjusted profit of $0.45 per share from a loss of $0.01 per share a year earlier, surpassing the Zacks consensus estimate of $0.27 per share. The company's revenue for the quarter also rose to $1.34 billion from $649 million during the same period last year, exceeding the consensus analyst forecast by nearly 14%, which Trip.com attributed to an upsurge in both domestic and outbound travel activities in China. Read More

Demo Live Account See Partner Details

Content Topics

Trip

Com

Stock

Financial

Results

Beat

Estimates

China

Travel

Trip com

Recovery

TCOM

Posted: Jun 8 2023, 10:41

Author Name: Proactive Investors

TCOM News

By Bloomberg Markets and Finance
October 10, 2023

Trip.com CEO: Thailand, Singapore Are Top Destinations

“We are bringing lots of customers to Thailand.” June Sun, chief executive officer at Trip.com Group, discusses the company's China holiday travel

By Seeking Alpha
October 5, 2023

Trip.com: Favorable Tailwinds In Play, Initiate A Buy

Trip.com has benefited from travel recovery after the reopening of the lockdown restrictions in China last year. Domestic travel in China is expected

By The Motley Fool
September 8, 2023

Why Trip.com Stock Was Down This Week

The company reported another quarter of robust demand. The momentum in travel isn't slowing down.

By Seeking Alpha
September 4, 2023

Trip.com Group Limited (TCOM) Q2 2023 Earnings Call Transcript

Trip.com Group Limited (NASDAQ:TCOM ) Q2 2023 Earnings Call Transcript September 4, 2023 8:00 PM ET Company Participants Michelle Qi - Investor Relati

By Proactive Investors
September 1, 2023

Skyscanner parent Trip.com Group set to report soaring 2Q profits on travel rebound

Trip.com Group, the Shanghai, China-based parent company of Skyscanner, is expected to see its sales and profits surge year-over-year on the rebound o

By Zacks Investment Research
August 30, 2023

Trip.com Group (TCOM) to Post Q2 Earnings: What's in Store?

Trip.com Group (TCOM) second-quarter 2023 results are likely to be aided by robust hotel bookings.

By Zacks Investment Research
June 29, 2023

Wall Street Analysts Predict a 37.06% Upside in Trip.com (TCOM): Here's What You Should Know

The mean of analysts' price targets for Trip.com (TCOM) points to a 37.1% upside in the stock. While this highly sought-after metric has not proven re

By Zacks Investment Research
June 9, 2023

Earnings Estimates Rising for Trip.com (TCOM): Will It Gain?

Trip.com (TCOM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.