Scalper1 News
Ctrip (CTRP), a Chinese online travel agency, is expected to report a drop in second-quarter earnings amid signs the company has been investing in expansion plans. Analysts polled by Thomson Reuters see Ctrip reporting a 54% drop in Q2 earnings per share to 11 cents when it announces late Wednesday. That would follow a 33% Q1 decline, and analysts see further drops for the rest of the year. Revenue in Q2 is seen rising 33% to $269.3 billion. Scalper1 News
Scalper1 News