Trip.com Shares Slip as Major US Indexes Rise

Trip.com shares fell 1.73% to $38.09 in the latest session, while major US indexes rose. The S&P 500 gained 0.73%, the Dow added 0.49%, and the Nasdaq advanced 1.19%.

Ahead of its upcoming earnings report, consensus estimates cited by Zacks project earnings of $1.18 per share, down 69.51% from the same quarter a year earlier. Revenue is forecast at $2.81 billion, up 8.93%.

For the full fiscal year, Zacks Consensus Estimates call for earnings of $3.70 per share and revenue of $10.02 billion. Those figures would represent a 43.25% decline in earnings and a 14.43% rise in revenue from the prior year.

The consensus earnings-per-share estimate has fallen 2.23% over the past month, according to Zacks. The company’s upcoming results will provide a new measure against those forecasts.