In This Article:
H World Group (NASDAQ:HTHT) Full Year 2024 Results
Key Financial Results
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Revenue: CN¥23.9b (up 9.2% from FY 2023).
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Net income: CN¥3.05b (down 25% from FY 2023).
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Profit margin: 13% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: CN¥9.79 (down from CN¥12.83 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
H World Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are up 4.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for H World Group that you should be aware of.
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