Investing.com - Trip.com ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Trip.com ADR announced earnings per share of -3.73 on revenue of 4.73B. Analysts polled by Investing.com anticipated EPS of -3.56 on revenue of 4.11B. That with comparison to EPS of 2.93 on revenue of 8.16B in the same period a year before. Trip.com ADR had reported EPS of 1.94 on revenue of 8.34B in the previous quarter. Analysts are expecting EPS of -2.6 and revenue of 4.16B in the upcoming quarter.
Trip.com ADR shares are down 24% from the beginning of the year , still down 38.06% from its 52 week high of 40.91 set on July 23, 2019. They are under-performing the Nasdaq which is up 3.65% year to date.
Trip.com ADR follows other major Services sector earnings this month
Trip.com ADR's report follows an earnings missed by Amazon.com on April 30, who reported EPS of 5.01 on revenue of 75.45B, compared to forecasts EPS of 6.16 on revenue of 73.74B.
Alibaba ADR had beat expectations on May 22 with fourth quarter EPS of 9.2 on revenue of 114.31B, compared to forecast for EPS of 6.23 on revenue of 107.71B.
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