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Why H World Group (HTHT) is Poised to Beat Earnings Estimates Again
HTHTHWORLD(HTHT) Zacks Investment Research·2024-02-26 18:11

Group 1 - H World Group is well-positioned to maintain its earnings-beat streak, having a history of beating earnings estimates with an average surprise of 8.33% over the last two quarters [1] - In the last reported quarter, H World Group achieved earnings of 0.56pershare,surpassingtheZacksConsensusEstimateof0.56 per share, surpassing the Zacks Consensus Estimate of 0.49 per share by 14.29% [1] - The previous quarter also saw H World Group exceed expectations, posting earnings of 0.43pershareagainstanestimateof0.43 per share against an estimate of 0.42 per share, resulting in a surprise of 2.38% [1] Group 2 - Recent estimates for H World Group have been increasing, with a positive Zacks Earnings ESP indicating a strong likelihood of an earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] - H World Group currently has an Earnings ESP of +21.31%, reflecting analysts' bullish sentiment regarding its near-term earnings potential [3] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [3] - A positive Earnings ESP combined with a Zacks Rank of 2 (Buy) suggests that H World Group is likely to beat earnings expectations again [3] - It is important to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [4]