Investing.com - Huazhu reported on Monday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Huazhu announced earnings per share of ¥-0.35 on revenue of ¥4.14B. Analysts polled by Investing.com anticipated EPS of ¥-0.35 on revenue of ¥4.06B.
Huazhu shares are down 6.87% from the beginning of the year and are trading at ¥34.56 , down-from-52-week-high.
Huazhu shares gained 3.66% in intra-day trade the report.
Huazhu follows other major Consumer Discretionary sector earnings this month
Huazhu's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of ¥4.24 on revenue of ¥38.9B, compared to forecasts EPS of ¥4.12 on revenue of ¥37.92B.
Toyota Motor ADR had missed expectations on Tuesday, November 1, 2022 with second quarter EPS of ¥2.14 on revenue of ¥62.24B, compared to forecast for EPS of ¥3.5 on revenue of ¥62.38B.
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