Ctrip.com (CTRP) Reports Q3 EPS of $2.20

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Go back to Ctrip.com (CTRP) Reports Q3 EPS of $2.20

Ctrip (CTRP) Management Sandbagging Margins - Piper Jaffray

November 19, 2015 8:26 AM EST

Ctrip.com (NASDAQ: CTRP) reported strong Q3 revenue and EPS; op margins exceeded our estimate by approx 300 bps. The company guided Q4 revenue growth to 45-50% (vs. Street at 41%) and Q4 PF op margin outlook is calling for a range of 7-10%. Ctrip's investment in other China travel players (Qunar & eLong) is reducing competition and favorably... More