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HTHT - Huazhu GAAP EPS of -$0.33 beats by $0.02 revenue of $423M beats by $35.22M
H World Group Limited
Huazhu press release (NASDAQ:HTHT): Q1 GAAP EPS of -$0.33 beats by $0.02. Revenue of $423M (+15.2% Y/Y) beats by $35.22M. A total of 7,988 hotels or 764,859 hotel rooms in operation as of March 31, 2022. Guidance: In the second quarter of 2022, Huazhu expects revenue to decline 2% to 6% compared to the second quarter of 2021, or to decline 23% to 27% (vs. -16.15% consensus) if excluding DH, mainly due to large impacts from Omicron variant outbreak in China.