Huazhu Group (HTHT) to Release Earnings on Wednesday

Huazhu Group (NASDAQ:HTHT) will release its earnings data after the market closes on Wednesday, May 22nd. Analysts expect Huazhu Group to post earnings of $0.17 per share for the quarter.

Huazhu Group (NASDAQ:HTHT) last released its quarterly earnings results on Thursday, March 14th. The company reported ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.20) by ($0.02). The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.60 billion. Huazhu Group had a return on equity of 15.82% and a net margin of 7.16%. During the same quarter last year, the company earned $3.55 earnings per share. On average, analysts expect Huazhu Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ HTHT opened at $35.98 on Wednesday. The company has a market cap of $10.34 billion, a P/E ratio of 99.94, a price-to-earnings-growth ratio of 2.08 and a beta of 1.54. Huazhu Group has a one year low of $24.90 and a one year high of $49.60. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.16 and a current ratio of 1.17.

A number of research firms recently commented on HTHT. China International Capital lowered Huazhu Group from a “buy” rating to a “hold” rating in a research report on Monday, May 6th. Daiwa Capital Markets lowered Huazhu Group from an “outperform” rating to an “underperform” rating in a research report on Monday, May 6th. China Renaissance Securities reiterated a “hold” rating on shares of Huazhu Group in a research report on Monday, May 6th. JPMorgan Chase & Co. lowered Huazhu Group from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 30th. Finally, ValuEngine lowered Huazhu Group from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. Three research analysts have rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $43.36.

WARNING: This piece was posted by American Banking News and is the property of of American Banking News. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2019/05/15/huazhu-group-htht-to-release-earnings-on-wednesday.html.

Huazhu Group Company Profile

Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.

See Also: Cryptocurrencies

Earnings History for Huazhu Group (NASDAQ:HTHT)

Receive News & Ratings for Huazhu Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huazhu Group and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply