ZACKS·2024-11-12 00:01Company Performance - Trip.com shares closed at $66.68, reflecting a +1.83% change from the previous trading day's closing, outperforming the S&P 500's daily gain of 0.1% [1] - Over the past month, Trip.com shares gained 0.69%, lagging behind the Consumer Discretionary sector's gain of 5.33% and the S&P 500's gain of 4.37% [1] Upcoming Earnings - Trip.com is set to announce its earnings on November 18, 2024, with an expected EPS of $0.91, down 9% from the prior-year quarter [2] - The consensus estimate predicts revenue of $2.2 billion, indicating a 16.65% increase compared to the same quarter of the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.36 per share and revenue at $7.35 billion, reflecting changes of +22.63% and +18.09% respectively from the preceding year [3] - Recent changes to analyst estimates for Trip.com may indicate a changing business landscape, with positive revisions suggesting optimism about the company's outlook [3] Valuation Metrics - Trip.com is currently trading with a Forward P/E ratio of 19.49, which is a discount compared to the industry average Forward P/E of 21.72 [6] - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 ranked stocks yield an average annual return of +25% since 1988 [5] - Trip.com currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5]