Trip.com Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
24 Feb

Trip.com Group Limited (NASDAQ:TCOM) will release its fourth-quarter financial results after the closing bell on Monday, Feb. 24.

Analysts expect the Singapore-based company to report quarterly earnings at $3.95 per share, down from $4.00 per share in the year-ago period. Trip.com projects quarterly revenue of $12.32 billion, compared to $10.32 billion a year earlier, according to data from Benzinga Pro.

On Feb. 11, Trip.com disclosed that Mr. Junjie He, a director nominated by Baidu, tendered his resignation as a director of the Company, and that Mr. Rong Luo, the executive vice president of Baidu Inc., has been appointed as a successor director of Trip.com Group.

Trip.com shares gained 1.4% to close at $67.02 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Benchmark analyst Fawne Jiang reiterated a Buy rating with a price target of $80 on Jan. 14, 2025. This analyst has an accuracy rate of 71%.
  • Citigroup analyst Brian Gong maintained a Buy rating and raised the price target from $73 to $78 on Jan. 3, 2025. This analyst has an accuracy rate of 65%.
  • Barclays analyst Jiong Shao maintained an Overweight rating and boosted the price target from $76 to $84 on Nov. 20, 2024. This analyst has an accuracy rate of 69%.
  • TD Cowen analyst Kevin Kopelman maintained a Buy rating and raised the price target from $56 to $71 on Nov. 19, 2024. This analyst has an accuracy rate of 76%.
  • Mizuho analyst James Lee maintained an Outperform rating and boosted the price target from $65 to $78 on Nov. 12, 2024. This analyst has an accuracy rate of 80%.

Considering buying TCOM stock? Here’s what analysts think:

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