Trip.com (TCOM) Surpasses Q4 Earnings and Revenue Estimates

Core Insights - Trip.com reported quarterly earnings of $0.60 per share, exceeding the Zacks Consensus Estimate of$0.52 per share, and showing an increase from $0.56 per share a year ago, resulting in an earnings surprise of 15.38$1.75 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.22%, and up from $1.45 billion year-over-year [2] - Trip.com has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.93 on revenues of $1.92 billion, and for the current fiscal year, it is$3.99 on revenues of $8.39 billion [7] - The estimate revisions trend for Trip.com is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Leisure and Recreation Services industry, to which Trip.com belongs, is currently ranked in the top 20% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]