Trip.com 1Q Earnings Beat Estimates: Revenue Surges to 9.21 Billion Yuan Year-on-Year

• Trip.com reported 1Q revenue of 9.21 billion yuan, beating analysts’ estimates of 8.05 billion yuan.
• Accommodation reservation revenue rose to 3.48 billion yuan, up from 1.45 billion yuan year-over-year.
• Transportation ticketing revenue increased to 4.16 billion yuan, up from 1.66 billion yuan year-over-year.
• Packaged-tour revenue rose to 386 million yuan, up from 124 million yuan year-over-year.
• Corporate travel revenue increased to 445 million yuan, up from 222 million yuan year-over-year.
• Gross profit rose to 7.56 billion yuan, up from 3.04 billion yuan year-over-year.

A look at Trip.com Smart Scores

Trip.com Group Ltd. is an online travel agency that provides customers with mobile applications, hotel reservations, flight ticketing, package tours, corporate travel management, and train ticketing services. According to the Smartkarma Smart Scores, Trip.com has a long-term outlook that is favourable. The company scored a 4 in Value, 2 in Growth, 3 in Resilience, and 3 in Momentum. Although the company scored a 1 in Dividend, its overall outlook is positive. Customers can expect Trip.com to provide quality services and products in the long term.

Trip.com has been able to maintain a good outlook in the long term by providing customers with reliable and quality services. The company has seen steady growth in its Value, Resilience, and Momentum in the past few years, and is expected to continue to do so in the foreseeable future. The company’s score in Dividend may be low, but its overall outlook is still positive. With its strong performance in its other categories, customers can expect Trip.com to continue to provide quality services and products in the long term.

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