Ctrip.com Earnings Beat Sends Stock To Record High

By | November 19, 2015

Scalper1 News

Ctrip.com (CTRP), one of China’s leading online travel agencies, handily beat Wall Street estimates in Q3, sending the stock soaring today. Third-quarter revenue jumped 49% to $501 million from $347 million a year earlier, ahead of analyst estimates for $490 million. Earnings per American Depositary Share skyrocketed to $2.09 on a GAAP diluted basis from 22 cents a year earlier, vs. the 8-cent consensus expectation of analysts polled by Thomson Scalper1 News

Scalper1 News