Don't Overlook These Chinese Leisure & Recreation Stocks: ATAT, TCOM

Industry Overview - The Zacks Leisure and Recreation Services Industry is currently ranked in the top 7% out of 250 Zacks industries, indicating strong performance within the sector [1] Company: Atour Lifestyle Holdings (ATAT) - Atour Lifestyle Holdings operates the largest midscale hotel chain in China and is considered a strong investment opportunity [2] - In Q3, Atour reported earnings of $0.39 per share, a 44$0.27 in the same quarter last year [3] - Q3 sales reached $270.55 million, reflecting a 52$177.37 million a year ago, and Atour beat EPS and sales estimates by 2% [3] Company: Trip.com (TCOM) - Trip.com, based in Shanghai, is another notable player in the leisure and recreation services sector, offering comprehensive travel booking services [5] - In Q3, Trip.com reported earnings of $1.25 per share, exceeding expectations by 37$0.91 [5] - Q3 sales were $2.26 billion, a 20$2.19 billion [6] - Trip.com has seen a stock price increase of over 70% in 2024 and has surpassed earnings expectations for nine consecutive quarters [6] Earnings Estimate Trends - Both Atour and Trip.com are experiencing positive trends in earnings estimate revisions, suggesting continued strong performance [9]