TCOM i really do believe in TCOM, the amount of traveling younger chinese are doing is astounding, right now price in rally range, i cant chase here but if you got in below 64 its worth holding, wait for VWAP range to settle and enter at -1 SD if you are on the sidelines and macro permits, after the plenum would be my recommendation
• Gross Bookings: RMB 1.1 trillion (USD $160 billion). • Revenue Growth: +122% vs. 2022, +25% vs. 2019. • Domestic Hotel Bookings: +130% vs. 2022, +60% vs. 2019. • Adjusted EBITDA Margin: 31%, 10-year high. • Tourism Demand: Steady in winter; domestic flight passengers +2% vs. 2019. • Elderly Market: Users over 50 grew >90% vs. 2019. • Outbound Recovery: Expected improvement in 2024. • Visa Policies: Boosted stocks since year start. • Inbound Potential: Sees growth despite challenges. • Trip.com (OTA): Aims for 15-20% of revenue in 3-5 years. • Profitability: Sales/marketing expenses down 15% vs. last quarter.
Overall: Strong Q4 2023, promising growth ahead, with potential challenges from competitors like Douyin.
Feb. 20, 2024 5:35 PM ETTrip.com Group Limited (TCOM) StockBy: Tiyashi Datta, SA News Editor Trip.com (NASDAQ:TCOM) is scheduled to announce Q4 earnings results on Wednesday, February 21st, after market close. The consensus EPS Estimate is $0.32 and the consensus Revenue Estimate is $1.42B (+94.5% Y/Y). Over the last 2 years, TCOM has beaten EPS estimates 75% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 9 upward revisions and 2 downward. Revenue estimates have seen 2 upward revisions and 10 downward.
TCOM i really do believe in TCOM, the amount of traveling younger chinese are doing is astounding, right now price in rally range, i cant chase here but if you got in below 64 its worth holding, wait for VWAP range to settle and enter at -1 SD if you are on the sidelines and macro permits, after the plenum would be my recommendation
