Tuniu (TOUR) Misses Q4 EPS by 25c
Tuniu (NASDAQ: TOUR) reported Q4 EPS of ($0.63), $0.25 worse than the analyst estimate of ($0.38). Revenue for the quarter came in at $303.4 million versus the consensus estimate of $319.78 million.
Highlights for the Fourth Quarter of 2016
- Total travel gross merchandise value ("GMV")1, which includes gross booking from packaged tour products and the GMV of travel-related products, increased by 38.7% year-over-year to RMB4.5 billion (US$645.0 million2) in the fourth quarter of 2016.
- Gross profit in the fourth quarter of 2016 increased by 130.9% year-over-year to RMB183.9 million (US$26.5 million).
- Gross margin was 8.7% in the fourth quarter of 2016 compared to 4.2% in the corresponding period in 2015.
- Total number of trips from organized tours (excluding local tours) increased by 48.7% year-over-year and the total number of trips from self-guided tours increased by 22.9% year-over-year in the fourth quarter of 2016.
For earnings history and earnings-related data on Tuniu (TOUR) click here.
