Ctrip Reports Unaudited Fourth Quarter and Full Year of 2017 Financial Results

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Ctrip.com (CTRP) PT Lowered to $46 at Wells Fargo

March 15, 2018 12:19 PM EDT

Wells Fargo lowered its price target on Ctrip.com (NASDAQ: CTRP) to $46.00 (from $48.00) while maintaining a Market Perform rating following results.

Also, the firm's 2018E adjusted operating income was reduced by 2.4% to ¥4,905mm/$777mm.

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Ctrip.com (CTRP) Misses Q4 EPS by 2c

March 14, 2018 6:02 PM EDT

Ctrip.com (NASDAQ: CTRP) reported Q4 EPS of $0.14, $0.02 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $987.54 million versus the consensus estimate of $1 billion.

For the first quarter of 2018, the Company expects the net revenue growth to continue at a... More