Ctrip Reports Unaudited First Quarter of 2018 Financial Results

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Go back to Ctrip Reports Unaudited First Quarter of 2018 Financial Results

Ctrip.com (CTRP) PT Raised to $46 at Wells Fargo

May 23, 2018 10:39 AM EDT

Wells Fargo raised its price target on Ctrip.com (NASDAQ: CTRP) to $46.00 (from $45.00) while maintaining a Market Perform rating following solid Q1 results.

Analyst Ken Sena notes margins were better than feared.

The analyst is increasing 2018 revenue by 2% to ¥32.0bn/$5.0bn... More

Ctrip.com (CTRP) PT Raised to $54 at Oppenheimer

May 23, 2018 9:44 AM EDT

Oppenheimer raised its price target on Ctrip.com (NASDAQ: CTRP) to $54.00 (from $51.00) while maintaining a Outperform rating.

Analyst Jed Kelly commented, "We're increasing our CTRP PT to $54 from $51, and are incrementally positive following a 2Q18E guide for accelerating net revenue, and... More

Ctrip.com (CTRP) Tops Q1 EPS by 39c, Revenues Beat

May 23, 2018 6:51 AM EDT

Late Tuesday, Ctrip.com (NASDAQ: CTRP) reported Q1 EPS of $0.55, $0.39 better than the analyst estimate of $0.16. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.05 billion.

"I'm glad that Ctrip achieved solid results in the first quarter of 2018," said Jane Sun, Chief Executive Officer. "We are hugely grateful for the trust of our customers. Together with our... More