TCOM Earnings Prediction
The chart below shows how TCOM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TCOM sees a -5.03% change in stock price 10 days leading up to the earnings, and a +0.68% change 10 days following the report. On the earnings day itself, the stock moves by -0.39%. This data can give you a slight idea of what to expect for the next quarter's release.
TCOM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
15.87B
15.52%
24.28%
Gross Margin
82.36%
0.38%
0.56%
Operating Margin
31.54%
10.86%
13.33%
Net Margin
42.98%
27.31%
41.20%
EPS
9.93
44.96%
78.28%
No Data Available
TCOM Earnings Analysis
Trip.com Group Limited American Depositary Shares Corporation (TCOM.O) Earnings Conference Call
Positive
Net Revenue Increase: Trip.com Group reported a net revenue of RMB 15.9 billion for Q3 2024, representing a 16% increase year-over-year and a 24% increase from the previous quarter.
Accommodation Revenue Growth: Accommodation reservation revenue for Q3 was RMB 6.8 billion, reflecting a 22% year-over-year increase and a 32% quarter-over-quarter increase.
Strong Outbound Hotel Bookings: Outbound hotel bookings exceeded 120% of the 2019 levels, continuing to outperform the industry by 40%.
Transportation Ticketing Revenue Growth: Transportation ticketing revenue for Q3 was RMB 5.7 billion, representing a 5% year-over-year increase and a 16% quarter-over-quarter increase.
Adjusted EBITDA Increase: Adjusted EBITDA was RMB 5.7 billion for Q3, compared to RMB 4.6 billion in the same period last year and RMB 4.4 billion in the previous quarter.
Negative
Q3 Revenue Increase: In the third quarter of 2024, Trip.com Group reported a net revenue of RMB 15.9 billion, representing a 16% increase from the same period last year, but this was primarily due to strong performance in the travel market during the summer and the Golden Week holiday, indicating reliance on seasonal demand.
Seasonal Revenue Growth: Accommodation reservation revenue for the third quarter was RMB 6.8 billion, representing a 22% year-over-year increase, but this growth may not be sustainable as it is heavily influenced by seasonal travel patterns.
Transportation Ticketing Growth: Transportation ticketing for the third quarter was RMB 5.7 billion, representing a 5% year-over-year increase, which is relatively modest compared to the overall growth in the travel sector, suggesting potential stagnation in this segment.
Rising G&A Expenses: Adjusted G&A expenses for the third quarter increased by 5% year-over-year, primarily due to rising personnel-related expenses, indicating challenges in cost management amidst growth.
Sales and Marketing Expense Increase: Adjusted sales and marketing expenses for the third quarter increased by 20% from the previous quarter and by 23% from the same period last year, reflecting aggressive spending that may not yield proportional returns.
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TCOM Earning Call Sentiment
Trip.com Group Limited (TCOM) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TCOM.O
-2.13%Positive
The earnings call highlights strong financial performance with significant revenue growth across various segments, robust cash reserves, and optimistic future outlook. Despite some uncertainties in AI impacts and lack of specific shareholder returns, the company shows operational efficiency and market confidence. The Q&A section reinforces positive sentiment with normalized growth expectations and strategic AI investments. Adjusted for these factors, the sentiment is positive, anticipating a stock price increase of 2% to 8% over the next two weeks.