H World Group (HTHT) to Release Quarterly Earnings on Friday

H World Group (NASDAQ:HTHT) is scheduled to issue its quarterly earnings data before the market opens on Friday, May 17th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. H World Group has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

H World Group (NASDAQ:HTHT) last released its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The company had revenue of $786.00 million during the quarter, compared to the consensus estimate of $759.99 million. H World Group had a return on equity of 31.50% and a net margin of 18.62%. On average, analysts expect H World Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

H World Group Trading Down 0.1 %

HTHT stock opened at $39.86 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.32. H World Group has a twelve month low of $30.20 and a twelve month high of $48.84. The business has a fifty day moving average of $38.45 and a 200-day moving average of $35.98. The company has a market cap of $13.02 billion, a P/E ratio of 22.65, a PEG ratio of 1.36 and a beta of 0.93.

Wall Street Analyst Weigh In

HTHT has been the subject of a number of analyst reports. CLSA initiated coverage on H World Group in a research note on Friday, April 26th. They set a “buy” rating and a $47.00 price objective for the company. Bank of America decreased their price objective on H World Group from $51.00 to $43.00 and set a “buy” rating for the company in a research note on Wednesday, March 13th. Macquarie initiated coverage on H World Group in a research note on Friday, April 19th. They set an “outperform” rating and a $48.00 price objective for the company. Benchmark reaffirmed a “buy” rating and set a $64.00 price objective on shares of H World Group in a research note on Friday, March 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on H World Group from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, March 22nd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $49.40.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.