Ctrip.com (CTRP) Tops Q2 EPS by 2c
Get Alerts CTRP Hot Sheet
Join SI Premium – FREE
Ctrip.com (NASDAQ: CTRP) reported Q2 EPS of ($0.17), $0.02 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $664 million versus the consensus estimate of $656.84 million.
Operating margin for the second quarter of 2016 was -9%, increasing meaningfully from -44% in the previous quarter. Excluding share-based compensation charges, Non-GAAP operating margin for the second quarter of 2016 was 4%, increasing meaningfully from 0% in the previous quarter, as a result of a material improvement in operating efficiency across all expense lines.
Guidance:
For the third quarter of 2016, the Company expects the net revenue growth to continue at a year-on-year rate of approximately 70-75%. This forecast reflects Ctrip's current and preliminary view, which is subject to change.
For earnings history and earnings-related data on Ctrip.com (CTRP) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: RH, Estee Lauder rise; Tesla falls
- Eledon Pharmaceuticals, Inc. (ELDN) Tops Q4 EPS by 4c
- Pineapple Energy Inc. (PEGY) Misses Q4 EPS by 8c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!