TCOM News and Press, Trip.com Group Limited From 05/19/21

Image source: The Motley Fool. Trip.com Group Limited (NASDAQ: TCOM) Q1 2021 Earnings Call May 19, 2021 , 8:00 p.m. ET Operator Continue reading For further details see: Trip.com Group Limited (TCOM) Q1 2021 Earnings Call Transcript

Trip.com Group Limited (TCOM) Q1 2021 Earnings Conference Call May 18, 2021 08:00 PM ET Company Participants Michelle Qi - Senior Investor Relations Director James Liang - Executive Chairman Jane Sun - Chief Executive Officer Cindy Wang - Chief Financial Officer Conference Call Participants A...

Trip.com Group (TCOM) is 6.1% higher after hours after topping expectations with its first-quarter earnings, which showed a surprise profit. Revenues fell by only 13.4%, to 4.1B yuan (about $628M) - much better than expected, pointing to what the company calls a "resilient" recovery in the Ch...

Trip.com (TCOM): Q1 Non-GAAP EPS of -$0.05 beats by $0.28; GAAP EPS of $0.44 beats by $0.92.Revenue of $628M (-13.4% Y/Y) beats by $160.42M.Revenues from corporate travel management grew 101% Y/Y.Adjusted EBITDA was RMB-216M (US$-33M), compared to RMB-875M a year ago. Adjusted EBITDA margin w...

Trip.com Group Limited Reports Unaudited First Quarter of 2021 Financial Results PR Newswire SHANGHAI , May 18, 2021 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM and HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provid...

We can consider China's encouraging May Day tourism figures as a rehearsal for the upcoming holidays and the recovery of global tourism. There are fundamental differences between Trip.com and Fliggy, and I believe Trip.com will outperform Fliggy in the long run. Trip.com is slight...

Morgan Stanley upgrades Trip.com (TCOM) to an Overweight rating after having it set at Equal Weight. The firm notes that outbound travel carries 4X to 5x better unit economics than domestic travel, and is a multi-year earnings driver. Analyst Alex Poon: "We see an upward revenue revision cycl...

Trip.com offers a suite of travel products in China and abroad. As vaccination increases, the consumption in flights could spike up. Trip.com could see 2022 sales growth of more than 52% y/y. I believe that the company has sufficient cash in hand to launch marketing campaigns ...

A plethora of positive data points reflecting a buoyant Chinese economy was released late in the week. Healthy signs of continued economic growth from travel and trade data as well as PMI results particularly bodes well for Chinese e-commerce companies like Alibaba Group. On a yea...

Airbnb did well pre-pandemic against its key competitors. The company should lead again post-pandemic once travel rebounds fully. The company continues to develop its unique branding and hosting platform to recruit more hosts, and convert more guests to hosts for its future growth. ...