Trip.com (TCOM) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - The market anticipates Trip.com (TCOM) will report a year-over-year increase in earnings driven by higher revenues for the quarter ended June 2024, with the earnings report expected on August 26 [1] Earnings Expectations - Trip.com is projected to post quarterly earnings of $0.74 per share, reflecting a year-over-year increase of +5.7% [2] - Revenues are expected to reach $1.8 billion, representing a 16.1% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 7.3% lower over the last 30 days, indicating a reassessment by analysts [3] - The direction of estimate revisions may not always reflect in the aggregate change, highlighting the variability in analyst expectations [3] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Trip.com is higher than the Zacks Consensus Estimate, suggesting a recent bullish sentiment among analysts [4][6] - Trip.com has an Earnings ESP of +2.70%, but it currently holds a Zacks Rank of 4, complicating predictions of an earnings beat [7] Historical Performance - In the last reported quarter, Trip.com exceeded expectations by posting earnings of $0.83 per share against an expected $0.62, resulting in a surprise of +33.87% [8] - The company has beaten consensus EPS estimates in the last four quarters [8] Conclusion - While Trip.com does not appear to be a strong candidate for an earnings beat based on current indicators, investors should consider other factors before making investment decisions [9]