Trip.com Q1 Revenue Beats Estimates on 23% Growth, But Non-GAAP EPS Falls Short
Trip.com reported Q1 non-GAAP EPS of $0.83, missing estimates by $0.08, while revenue of $2.35 billion beat expectations by $10 million on 23% year-over-year growth. The company guided second-quarter revenue growth of 3% to 8% year-over-year, marking a sharp deceleration from Q1.
Trip.com Group Limited () reported first-quarter non-GAAP earnings per share of $0.83, missing analyst consensus by $0.08, while revenue of $2.35 billion exceeded expectations by $10 million on growth of 23.0% year-over-year [1]. The top-line beat signals continued recovery in China's travel sector, but the bottom-line miss points to margin pressure that eroded profitability despite strong demand.
The company is Trip.com Group Limited, ticker , a China-based online travel platform. The earnings release disclosed Q1 results and second-quarter guidance [1].
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