Investing.com - Huazhu reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Huazhu announced earnings per share of -0.45 on revenue of 3.34B. Analysts polled by Investing.com anticipated EPS of -0.177 on revenue of 3.36B.
Huazhu shares are down 0% from the beginning of the year and are trading at 44.06 , down-from-52-week-high.They are outperforming the S&P 500 which is down 4.13% from the start of the year.
Huazhu shares gained 2.18% in intra-day trade the report.
Huazhu follows other major Consumer Discretionary sector earnings this month
Huazhu's report follows an earnings beat by Amazon.com on Thursday, February 3, 2022, who reported EPS of 27.75 on revenue of 137.41B, compared to forecasts EPS of 3.61 on revenue of 137.68B.
Tesla had beat expectations on Wednesday, January 26, 2022 with fourth quarter EPS of 2.54 on revenue of 17.72B, compared to forecast for EPS of 2.36 on revenue of 17.13B.
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