Trip.com Beats Wall Street Estimates

Trip.com Group (Nasdaq: TCOM), a leading online travel agency and services provider, reported second-quarter 2023 earnings of $0.70 per American depositary share (ADS), surpassing the consensus EPS estimate of $0.50. The company's quarterly sales amounted to $1.6 billion, exceeding analysts' projected revenue of $1.5 billion for the period.

$TCOM closed at $40.38 on Friday, marking an increase of $1.07 (+2.72%).

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