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H World Group's Q1 Adjusted Earnings, Revenue Increase
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H World Group's Q1 Adjusted Earnings, Revenue Increase
May 17, 2024 4:25 AM

06:51 AM EDT, 05/17/2024 (MT Newswires) -- H World Group ( HTHT ) reported Q1 adjusted earnings Friday of 2.43 Chinese renminbi ($0.34) per diluted American depositary share, up from 1.19 renminbi a year earlier.

Two analysts polled by Capital IQ expected 2.97 renminbi.

Revenue for the quarter ended March 31 was 5.58 billion renminbi compared with 4.48 billion renminbi a year earlier.

Analysts polled by Capital IQ expected 5.33 billion renminbi.

The company said it expects 7% to 11% in revenue growth in Q2 from the previous year. Analysts polled by Capital IQ expect revenue of 6.17 billion renminbi.

Price: 40.00, Change: -2.04, Percent Change: -4.85

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