Investing.com - Trip.com ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trip.com ADR announced earnings per share of 0.48 on revenue of 4.68B. Analysts polled by Investing.com anticipated EPS of -0.5753 on revenue of 4.26B.
Trip.com ADR shares are down 2% from the beginning of the year, still down 42.86% from its 52 week high of 42.04 set on June 1, 2021. They are outperforming the Nasdaq which is down 11.01% from the start of the year.
Trip.com ADR follows other major Consumer Discretionary sector earnings this month
Trip.com ADR's report follows an earnings beat by Alibaba ADR on February 24, who reported EPS of 16.87 on revenue of 242.58B, compared to forecasts EPS of 15.93 on revenue of 246.3B.
Nike had beat expectations on Monday with third quarter EPS of 0.87 on revenue of 10.87B, compared to forecast for EPS of 0.7158 on revenue of 10.63B.
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