H World Group (HTHT) to Report Q1 Earnings: What's in Store?

Core Viewpoint - H World Group Limited (HTHT) is set to report its first-quarter 2024 results on May 17, with previous earnings exceeding the Zacks Consensus Estimate by 6.5% [1] Q1 Estimates - The Zacks Consensus Estimate for HTHT's earnings is 27 cents, reflecting a decline of 38.6% from the prior year [2] - Revenue estimates are pegged at $699 million, indicating a 7.2% increase from the year-ago figure [2] Factors to Note - HTHT's quarterly performance is expected to benefit from a sustained recovery in leisure and business travel demand, along with expansion efforts and strong growth in Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) [3] - The company has focused on building its brand reputation, which has attracted more customers and contributed to its expansion, particularly in lower-tier cities [3] - However, increased operating costs due to business recovery and higher selling and marketing expenses may negatively impact the bottom line [3] What Our Model Says - The current model does not predict an earnings beat for HTHT, as it has an Earnings ESP of 0.00% and a Zacks Rank of 1 (Strong Buy) [4]