Earnings Estimates Rising for Trip.com (TCOM): Will It Gain?

Core Viewpoint - Trip.com (TCOM) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimates - Analysts' optimism regarding Trip.com's earnings prospects is leading to higher estimates, which is expected to positively impact the stock price [2]. - The current-quarter earnings estimate is $1.15 per share, reflecting an 8.0% decrease from the previous year, but has seen a 6.15% increase in the last 30 days due to upward revisions [5]. - For the full year, the earnings estimate is projected at $3.69 per share, indicating a 2.8% increase from the prior year, with three estimates moving up recently [6]. Zacks Rank - Trip.com currently holds a Zacks Rank 2 (Buy), supported by favorable estimate revisions, which historically correlate with stock performance [7]. - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [7]. Stock Performance - Trip.com shares have increased by 23.8% over the past four weeks, indicating strong investor confidence in the company's earnings growth potential [8].