0217 GMT - Trip.com delivers a solid 1Q earnings report and guides for revenue growth to slow by 3%-8% in 2026, but this isn't a big surprise to Citi. Its analysts point to an oil-price surge and rectifications to operations due to an ongoing investigation by Chinese regulators. The company's revenue and adjusted operating profit both beat consensus estimates, with revenue growth likely due to the strong bookings of the its website and resilient China travel demand, Citi says. Citi maintains a buy rating on its ADRs and a target price of US$82.00. ADRs last closed at US$46.30. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
Trip.com guided for 2Q revenue growth to slow to 3%-8%. "Trip.com Full-Year Growth May Slow Despite Decent 1Q Earnings -- Market Talk," at 0217 GMT, incorrectly said full-year growth may slow by 3%-8%. The error also appeared in the headline.
(END) Dow Jones Newswires
June 24, 2026 23:20 ET (03:20 GMT)
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