Ctrip.com (CTRP) Tops Q3 EPS by 15c

Ctrip.com (NASDAQ: CTRP) reported Q3 EPS of $0.42, $0.15 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.34 billion.

GUIDANCE:

For the fourth quarter of 2018, the Company expects the net revenue growth to continue at a year-on-year rate of approximately 15-20%, which is calculated on the estimated net revenue of the fourth quarter of 2018 under the new revenue recognition standard and the net revenue of the fourth quarter of 2017 retrospectively adjusted. 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.

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