Huazhu Group Limited (HTHT) Reports Q2 EPS of $0.22

Huazhu Group Limited (NASDAQ: HTHT) reported Q2 EPS of $0.22. Revenue for the quarter came in at $556 million.

• Considering the effects of COVID-19 resurgence in Guangdong and traffic control in Beijing since late May, and the influences of the Delta variant spreading from Nanjing to several cities in China recently, we lowered our full-year revenue growth guidance. For the full year of 2021, we expect revenue growth to range from 29% to 33%, or to range from 34% to 38% if excluding DH. To provide more meaningful guidance excluding the impact of COVID-19, Huazhu expects revenue growth to be in the range of 17%-21% compared to pre-COVID-19 results of 2019, or to range from 2%-6% if excluding DH.

For earnings history and earnings-related data on Huazhu Group Limited (HTHT) click here.

You May Also Be Interested In

• Wolfe Research starts Ferrari at Outperform, sees 'solid upside potential'
• Core Molding Technologies extends credit facility to 2031
• ADNOC Distribution agrees to buy Shell's South Africa unit for $1B