HWORLD-H World Group (HTHT) Q2 Earnings Lag Estimates

Company Performance - H World Group reported quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of$ 0.52 per share, but showing an increase from $0.43 per share a year ago, resulting in an earnings surprise of -11.54% [1] - The company posted revenues of$ 846 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.73% and increasing from $762 million year-over-year [1] - Over the last four quarters, H World Group has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [1] Market Performance - H World Group shares have declined approximately 13.2% since the beginning of the year, contrasting with the S&P 500's gain of 17.6% [2] - The current Zacks Rank for H World Group is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.61 on revenues of $922.48 million, and for the current fiscal year, it is$ 1.81 on revenues of $3.31 billion [4] - The estimate revisions trend for H World Group is mixed, and changes in estimates for the coming quarters and current fiscal year are anticipated following the recent earnings report [4] Industry Context - The Hotels and Motels industry, to which H World Group belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges ahead [5] - The performance of H World Group's stock may be influenced by the overall outlook for the industry [5]