Ctrip Reports Unaudited Third Quarter of 2016 Financial Results

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Ctrip (CTRP) PT Bumed to $54 at Brean Capital Following Strong Results

November 25, 2016 10:54 AM EST

Brean Capital analyst Fawne Jiang reiterated a Buy rating and boosted his price target on Ctrip.com (NASDAQ: CTRP) to $54.00 (from $52.00) citing robust profit growth on operating leverage.

Jiang commented, "We are positive on CTRP and believe the stock presents a unique opportunity for investors. We see a number of levers... More

Ctrip.com (CTRP) Tops Q3 EPS by 6c

November 23, 2016 5:59 PM EST

Ctrip.com (NASDAQ: CTRP) reported Q3 EPS of $0.17, $0.06 better than the analyst estimate of $0.11. Revenue for the quarter came in at $836 million versus the consensus estimate of $810.87 million.

"We are very pleased with the strong top line growth and significant margin improvement in the third quarter of 2016," said James... More