Zacks Investment Research·2024-05-06 22:51Company Performance - Trip.com closed at $53.87, reflecting a +1.07% change from the previous session, outperforming the S&P 500's daily gain of 1.03% [1] - The stock has increased by 10.72% over the past month, contrasting with a 4.02% loss in the Consumer Discretionary sector and a 1.57% loss in the S&P 500 [1] - The upcoming earnings report is projected to show earnings of $0.63 per share, indicating a year-over-year growth of 40%, with revenue expected to reach $1.61 billion, up 20.38% from the previous year [1] Annual Forecast - For the entire year, earnings are forecasted at $2.96 per share and revenue at $7.36 billion, representing changes of +8.03% and +18.18% respectively compared to the previous year [2] - Recent modifications to analyst estimates reflect shifting short-term business dynamics, with positive revisions indicating optimism about the company's outlook [2] Valuation and Industry Ranking - Trip.com has a Forward P/E ratio of 18.04, which is a premium compared to its industry's Forward P/E of 16.5 [3] - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [3] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [3]