Investing.com - Trip.com ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Trip.com ADR announced earnings per share of 0.2055 on revenue of 3.58B. Analysts polled by Investing.com anticipated EPS of 0.1677 on revenue of 3.61B.
Trip.com ADR shares are up 4% from the beginning of the year and are trading at 25.72 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.47% 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 Home Depot on Tuesday, August 16, 2022, who reported EPS of 5.05 on revenue of 43.79B, compared to forecasts EPS of 4.95 on revenue of 43.36B.
Alibaba ADR had beat expectations on Thursday, August 4, 2022 with second quarter EPS of 11.73 on revenue of 205.56B, compared to forecast for EPS of 10.7 on revenue of 203.47B.
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