Trip.com Shares Drop Despite Strong Q4 Earnings and Record Travel Demand: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
0mins
Source: Benzinga
Financial Performance: Trip.com Group Limited reported a fourth-quarter adjusted EPS of $0.60, exceeding estimates, with net revenue increasing 23% year-over-year to RMB12.7 billion ($1.75 billion), driven by strong travel demand and higher accommodation bookings.
Market Reaction and Future Plans: Despite positive earnings, TCOM shares fell 8.10% premarket due to broader market concerns; the company announced a $400 million share repurchase program and a $200 million cash dividend for 2024, reflecting confidence in continued growth and investment in innovation.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TCOM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TCOM
Wall Street analysts forecast TCOM stock price to rise
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 46.725
Low
82.00
Averages
85.00
High
90.00
Current: 46.725
Low
82.00
Averages
85.00
High
90.00
About TCOM
Trip.com Group Limited is a global travel service provider comprising Trip.com, Ctrip, Skyscanner and Qunar. Its one-stop travel platform connects its users and its ecosystem partners. It offers accommodation reservations, transportation ticketing, packaged tours, and corporate travel management services and other travel-related services to meet the various booking and traveling needs of both leisure and business travelers through its travel platform. It helps travelers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources and an advanced transaction platform, including apps, websites and 24/7 customer service centers. Ctrip provides travel and related services in China. Qunar is an online travel agency in China. Trip.com is an online travel agency for global travelers. Skyscanner is a travel search company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- FedEx Insights: FedEx (FDX) is set to report its FQ4 2026 results on June 23, with a consensus EPS estimate of $5.95 and revenue of $24.03B, and investors are keen to see if the company can demonstrate profitability post-freight business spin-off, which could enhance investor confidence.
- Memory Demand Outlook: Micron Technology (MU) will report its earnings on June 24, with expected revenue of $33.5B and non-GAAP EPS of $19.15, as investors look for evidence of sustained AI-driven memory demand, which could drive stock price increases if expectations are exceeded.
- Cybersecurity Growth: BlackBerry (BB) plans to release its FQ1 2027 results on June 25, with revenue guidance of $132M to $140M, and market focus will be on its profitability turnaround in cybersecurity and automotive software, which could solidify its market position if achieved.
- Consumer Trends Monitoring: Companies like Carnival (CCL) and Trip.com (TCOM) will provide insights into consumer and travel trends, and the market will closely watch these reports to assess the strength of global economic recovery and consumer spending willingness.
See More
- Earnings Release Date: TCOM is set to announce its Q1 earnings on June 24, with expectations that the financial results will provide crucial guidance for the company's future direction.
- Earnings Expectations: Analysts forecast an EPS of $0.79 for TCOM in Q1, indicating the company's profitability and operational efficiency in the current market environment.
- Revenue Projections: TCOM's revenue is anticipated to reach $2.33 billion in Q1, showcasing the company's potential for revenue growth, which could positively impact shareholder confidence.
- Annual Meeting Schedule: TCOM will hold its annual shareholder meeting on June 30, where company strategies and future directions will be discussed, further enhancing investor trust in the company.
See More
- Earnings Announcement Schedule: Trip.com Group will release its financial results for the three months ending March 31, 2026, after market close on June 24, 2026, which is expected to provide investors with critical financial data and operational insights.
- Conference Call Timing: The management team will host a conference call at 8:00 PM U.S. Eastern Time on June 24, 2026 (or 8:00 AM on June 25, 2026 in Hong Kong Time) to share financial results and address related inquiries from investors.
- Webcast and Replay Availability: The conference call will be available via live webcast and will be archived for twelve months on Trip.com’s investor website, ensuring that investors who cannot participate live can access the information later.
- Participant Registration Requirement: All participants must pre-register to join the conference call, and upon registration, they will receive dial-in numbers and a unique access PIN, ensuring smooth proceedings and secure information transmission during the meeting.
See More
- Earnings Announcement Schedule: Trip.com Group is set to release its financial results for the three months ending March 31, 2026, on June 24, 2026, after market close, reflecting its ongoing performance and growth in the global travel market.
- Management Conference Call: Following the earnings announcement, Trip.com's management team will host a conference call at 8:00 PM U.S. Eastern Time, where they are expected to discuss the financial results and address investor questions, enhancing transparency and investor relations.
- Webcast and Replay Availability: The conference call will be available via live webcast, and participants can listen in real-time or access a replay for up to twelve months on Trip.com's investor website, ensuring broad dissemination and accessibility of information.
- Participant Registration Requirement: All participants must pre-register to join the conference call, and upon registration, they will receive dial-in numbers and a unique access PIN, ensuring a smooth and secure meeting experience for all attendees.
See More
- Strategic MoU Signing: Trip.com Group signed a one-year strategic Memorandum of Understanding with Tourism Tasmania at the Envision Conference in Shanghai, formalizing their long-standing partnership and aiming to accelerate Tasmanian tourism growth in global markets.
- Marketing and Training Initiatives: The agreement will leverage Trip.com's marketing capabilities and global network to enhance the quality and visibility of Tasmanian tourism offerings, while providing specialized training for Trip.com staff to ensure high-quality service delivery.
- Data-Driven Marketing Campaigns: The collaboration will utilize platform data and user insights to optimize tourism product performance and co-create impactful global marketing campaigns across Mainland China, Hong Kong, Southeast Asia, and Australia, further enhancing Tasmania's international presence.
- Post-Pandemic Recovery Plans: During the post-pandemic period, Trip.com and Tourism Tasmania launched recovery initiatives targeting the Chinese mainland market in 2022 and 2023, with plans to expand cooperation to Hong Kong and Singapore from 2024 to 2025, demonstrating their close collaboration in tourism recovery.
See More
- Annual General Meeting Announcement: Trip.com Group is set to hold its annual general meeting on June 30, 2026, at 9:30 a.m. in Singapore, allowing all ordinary shareholders as of May 29, 2026, to participate in voting, thereby ensuring shareholder engagement in corporate governance.
- Voting Rights for ADS Holders: Holders of American Depositary Shares (ADS) must act through The Bank of New York Mellon to exercise their voting rights, which underscores the company's commitment to protecting shareholder interests and facilitating their participation in key decisions.
- Annual Report Filing: The company has filed its annual report with the SEC, including audited financial statements for the fiscal year ending December 31, 2025, enhancing transparency and compliance with listing regulations, which is likely to bolster investor confidence.
- Access to Information: Shareholders can access the annual report through the company's website and the Hong Kong Stock Exchange, reflecting Trip.com Group's commitment to compliance and service to its shareholders.
See More







