Trip.com retail bullish ahead of Q3, despite profit worries
Trip.com retail sentiment climbed deeper into bullish territory ahead of Monday Q3 earnings, even as shares eased off recent highs. Analysts expect revenue to rise 14.7% to $2.57 billion, but forecast a 9% drop in adjusted EPS to $1.12, marking a third consecutive decline. Still, 28 of 30 brokerages rate the stock a Buy or higher.