Trip.com May Post Double-Digit Revenue Growth in 2Q -- Market Talk

Dow Jones
May 20, 2025

0650 GMT - Trip.com's total revenue will likely to grow 14% on-year to about CNY14.6 billion in the second quarter, Jefferies analysts write in a note.The company's 1Q revenue was in line with market expectations, and the company has reported solid domestic travel during the Labor Day break and resilient trends overseas, Jefferies says. By segment, its accommodation revenue may grow 16% on-year to CNY6 billion and transportation revenue may rise about 9% to CNY5.3 billion in 2Q, the analysts say. Its outbound travel, which has outpaced industry growth, is expected to improve its capacity this year, they say and expect fast growth in international and domestic travel. Jefferies maintains a buy rating and Trip.com's ADR target price at $80.00. The ADRs last closed at $67.10. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

May 20, 2025 02:50 ET (06:50 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10