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Trip.com Group Limited TCOM is expected to release earnings results for its second quarter, after the closing bell on Monday, Aug. 26.
Trip.com (TCOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Trip.com (TCOM) closed at $42.01, indicating a +1.45% shift from the previous trading day.
SINGAPORE , Aug. 14, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months and six months ended June 30, 2024 on Monday, August 26, 2024, U.S. Time. Trip.com Group's management team will host a conference call at 8:00 PM U.S. Eastern Time on August 26, 2024 (or 8:00 AM on August 27, 2024 in the Hong Kong Time) following the announcement.
In the latest trading session, Trip.com (TCOM) closed at $41.87, marking a -0.92% move from the previous day.
Trip.com (TCOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the closing of the recent trading day, Trip.com (TCOM) stood at $43.09, denoting a -0.6% change from the preceding trading day.
Trip.com (TCOM) closed at $43.35 in the latest trading session, marking a -0.18% move from the prior day.
Here is how Trip.com (TCOM) and American Public Education (APEI) have performed compared to their sector so far this year.
Trip.com has fully recovered from pandemic lows and shows strong long-term growth potential, especially internationally. TCOM's financials have seen significant recovery, with revenues doubling in 2023 and strong margins, but future growth may not match recent performance. TCOM's conservative valuation suggests it is trading below fair value, with potential for further growth domestically and internationally, despite risks associated with operating in China.