H World Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

Yahoo Finance05:16 ET

[Brokerage Focus] Guoyuan International raises h world group (01179) target price to 32.9 Hong Kong dollars, with high certainty of the company achieving 4Q24 revenue guidance.

Jingu Finance News | Pu Silver International's research report pointed out that facing the industry's generally high base and the impact of closing inefficient domestic businesses, H World Group (01179) achieved a year-on-year growth of 2.4% in overall and domestic business (Legacy-Huazhu) revenue in 3Q24, reaching the lower end of the revenue growth rate range given by management (overall revenue year-on-year growth of 2%-5%; domestic business revenue year-on-year growth of 1%-4%). Management has provided revenue guidance for 4Q24: overall and domestic business revenue are expected to grow by 1%-5% year-on-year respectively, implying a full-year revenue growth rate in the range of 7.4%-8.5%.

Golden Guard Financial News00:44 ET

Citi Maintains H World Group(HTHT.US) With Buy Rating, Cuts Target Price to $48

Moomoo NewsNov 28 06:32 ET · Ratings

Is Weakness In H World Group Limited (NASDAQ:HTHT) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

Simply Wall StNov 28 05:56 ET

[Brokerage Focus] Guosen maintains H World Group (01179) 'outperform the market' rating, indicating that overseas improvement can be expected next year.

Jinwu Financial News | Guosen Securities released a research report indicating that h world group (01179) achieved a revenue of 6.44 billion yuan in Q3 2024, up 2.40%, which is at the lower end of the previous revenue growth guidance (growth of 2-5%); adjusted net income was 1.37 billion yuan, down 10.8%, and adjusted EBITDA was 2.11 billion yuan, down 9.50%, slightly below Bloomberg's consensus expectations of 1.51/2.23 billion yuan, mainly due to the high base from the same period last year, weather disturbances in Q3 this year, and a one-time restructuring cost of 0.08 billion yuan from overseas integration. The report further states that the company expects Q4 2024.

Jingu finance newsNov 28 00:28 ET

H World Group Limited (HTHT) Q3 2024 Earnings Call Transcript

Earnings Call TranscriptsNov 27 10:30 ET