ZACKS·2024-10-29 23:20Core Viewpoint - Trip.com is experiencing a mixed performance in the market, with a recent share price of $64.89 and a notable increase of 9.49% over the last month, outperforming both the Consumer Discretionary sector and the S&P 500 [1][2]. Financial Performance - The upcoming earnings release is anticipated to show an EPS of $0.91, reflecting a 9% decline year-over-year, while revenue is projected at $2.2 billion, indicating a 16.65% increase from the same quarter last year [2]. - Full-year estimates predict earnings of $3.36 per share and revenue of $7.35 billion, representing year-over-year growth of +22.63% and +18.09% respectively [3]. Analyst Sentiment - Recent changes in analyst estimates for Trip.com are crucial, as positive revisions indicate optimism regarding the company's business and profitability [3][4]. - The Zacks Rank system currently rates Trip.com as 3 (Hold), with the consensus EPS estimate remaining unchanged over the past month [5]. Valuation Metrics - Trip.com is trading at a Forward P/E ratio of 19.37, which is slightly lower than the industry average of 19.61, suggesting a relative discount [6]. - The Leisure and Recreation Services industry, which includes Trip.com, holds a Zacks Industry Rank of 102, placing it in the top 41% of over 250 industries [6][7].