Trip.com Group(NASDAQ:TCOM) stock fell by 0.85% on Friday after the company reported its Q2 earnings results on Thursday, September 23, 2021 at 05:00 PM.
Here's what investors need to know about the announcement.
Trip.com Group (NASDAQ:TCOM) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.06 by 200 percent. This is a 166.67 percent increase over losses of $(0.27) per share from the
Key Takeaways:
Tongcheng-Elong has rebounded from the pandemic more quickly than the larger Trip.com due to its focus on domestic China market
Company’s shares look modestly valued compared to domestic and global peers due to its stronger growth potential over next one to two years
By Doug Young