Ctrip.com (CTRP) Shares Lower Despite Q4 Beat
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Shares of Ctrip.com (Nasdaq: CTRP) have tumbled more than 7 percent Tuesday morning following fourth-quarter results from the company on Monday.
Ctrip.com reported quarterly adj-earnings per ADS of 37 cents. GAAP earnings per ADS totaled 27 cents, which compares to the Street estimate of 25 cents. Sales totaled $157 million, which compares to the analyst estimate of $146.2 million.
The company is looking for sales growth of 15-20 percent.
Ctrip.com reported quarterly adj-earnings per ADS of 37 cents. GAAP earnings per ADS totaled 27 cents, which compares to the Street estimate of 25 cents. Sales totaled $157 million, which compares to the analyst estimate of $146.2 million.
The company is looking for sales growth of 15-20 percent.
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