Trip.com reported first-quarter earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.85 per share and marking a negative earnings surprise of 2.35%. Revenue came in at $2.35 billion, slightly above the consensus estimate by 0.99% and up from $1.91 billion a year ago. The company has beaten revenue estimates in all of the last four quarters but has surpassed earnings estimates only twice in that period. Trip.com shares have fallen about 36.7% year to date, contrasting with a 7.6% gain for the S&P 500.
Trip.com Group Ltdmissed Q1 earnings estimates with negative surprise of 2.35%
Travel + Leisure Co