- Trip.com exceeds EPS expectations with a significant performance highlight.
- The company's revenue growth impresses, yet slightly misses projections.
- Analysts maintain a positive outlook despite recent stock movement.
Trip.com (TCOM, Financial) delivered its first-quarter earnings report, showcasing an Earnings Per Share (EPS) of $0.82, which exceeded analyst expectations by $0.05. Despite a healthy revenue surge of 19.4% to $1.91 billion, the figure narrowly missed projections by $10 million. This mixed performance resulted in a 4.17% decline in after-hours trading.
Wall Street Analysts Forecast
According to data from 29 analysts, Trip.com Group Ltd (TCOM, Financial) carries an average one-year price target of $74.17. Projections range from a high of $94.98 to a low of $56.99, suggesting an approximate 10.54% upside from the current trading price of $67.10. For a more comprehensive view of these estimates, please visit the Trip.com Group Ltd (TCOM) Forecast page.
The consensus recommendation from 29 brokerage firms for Trip.com Group Ltd (TCOM, Financial) reflects an average rating of 1.9, categorized as "Outperform." This rating system ranges from 1 (Strong Buy) to 5 (Sell), showcasing a generally favorable analyst sentiment.
GuruFocus estimates the GF Value for Trip.com Group Ltd (TCOM, Financial) at $69.93 within the next year. This suggests a potential upside of 4.22% from its current price of $67.10. The GF Value represents GuruFocus' calculated fair value, derived from historical trading multiples, past business growth, and forecasts of future performance. To explore detailed data, visit the Trip.com Group Ltd (TCOM) Summary page.
