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H World Group (HTHT) Q3 Earnings and Revenues Miss Estimates
HTHTHWORLD(HTHT) ZACKS·2024-11-26 13:26

Core Viewpoint - H World Group reported quarterly earnings of 0.61pershare,missingtheZacksConsensusEstimateof0.61 per share, missing the Zacks Consensus Estimate of 0.69 per share, representing an earnings surprise of -11.59% [1][2] Financial Performance - The company posted revenues of 918millionforthequarterendedSeptember2024,missingtheZacksConsensusEstimateby1.70918 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.70%, compared to 861 million in the same quarter last year [2] - Over the last four quarters, H World Group has surpassed consensus EPS estimates only once [2] Stock Performance - H World Group shares have increased by approximately 5.2% since the beginning of the year, while the S&P 500 has gained 25.5% [3] - The current Zacks Rank for H World Group is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.34onrevenuesof0.34 on revenues of 856.46 million, and for the current fiscal year, it is 1.83onrevenuesof1.83 on revenues of 3.37 billion [7] - The estimate revisions trend for H World Group is mixed, which may change following the recent earnings report [6] Industry Context - The Hotels and Motels industry, to which H World Group belongs, is currently in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8]