What To Expect From Trip.com Group Ltd (TCOM) Q2 2024 Earnings

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Trip.com Group Ltd (TCOM, Financial) is set to release its Q2 2024 earnings on Sep 26, 2024. The consensus estimate for Q2 2024 revenue is $2.23 billion, and the earnings are expected to come in at $0.89 per share. The full year 2024's revenue is expected to be $7.39 billion and the earnings are expected to be $2.87 per share. More detailed estimate data can be found on the Forecast page.

Trip.com Group Ltd (TCOM, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Trip.com Group Ltd (TCOM) have declined from $7.40 billion to $7.39 billion for the full year 2024, and from $8.65 billion to $8.58 billion for 2025. During the same period, earnings estimates have increased from $2.66 per share to $2.87 per share for the full year 2024, and from $3.07 per share to $3.17 per share for 2025.

Trip.com Group Ltd (TCOM, Financial) Reported History

In the previous quarter of 2024-06-30, Trip.com Group Ltd's (TCOM) actual revenue was $1.82 billion, which beat analysts' revenue expectations of $1.82 billion by 0.27%. Trip.com Group Ltd's (TCOM) actual earnings were $0.79 per share, which beat analysts' earnings expectations of $0.64 per share by 23.29%. After releasing the results, Trip.com Group Ltd (TCOM) was flat in one day.

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Trip.com Group Ltd (TCOM, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 28 analysts, the average target price for Trip.com Group Ltd (TCOM) is $64.92 with a high estimate of $80.74 and a low estimate of $48.44. The average target implies an upside of 22.36% from the current price of $53.06.

Based on GuruFocus estimates, the estimated GF Value for Trip.com Group Ltd (TCOM, Financial) in one year is $65.38, suggesting an upside of 23.22% from the current price of $53.06.

Based on the consensus recommendation from 29 brokerage firms, Trip.com Group Ltd's (TCOM, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.