Trip.com Shares Rise 2.48% as Analysts Eye Upcoming Earnings

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Summary · why it matters

Trip.com (TCOM) closed up 2.48% at $38.90, outpacing the S&P 500's 0.6% gain, the Dow's 0.83% rise and the Nasdaq's 0.64% advance. Ahead of its upcoming earnings release, analysts expect Trip.com to post earnings of $1.18 per share, a year-over-year decline of 69.51%, on revenue of $2.81 billion, an 8.93% increase. For the full fiscal year, the Zacks Consensus Estimates project earnings of $3.7 per share and revenue of $10.02 billion, representing changes of -43.25% and +14.43%, respectively, from the prior year. The Zacks Consensus EPS estimate has moved 2.13% lower over the past month, and Trip.com currently carries a Zacks Rank of #4 (Sell). The stock trades at a Forward P/E ratio of 10.27, a discount to its industry's average of 15.33, while its PEG ratio of 2.57 compares with an average of 1.13 for Leisure and Recreation Services stocks.

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Consumer Discretionary▲
Trip.com Group Ltd
9961
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Analysts expect Trip.com's upcoming earnings to show EPS down 69.51% YoY and the Zacks Consensus EPS estimate has been revised 2.13% lower, with a #4 (Sell) rank, though revenue is seen up 8.93%.