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Ctrip.com International (CTRP) Broke Out To A New High On Q1 Earnings News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ctrip.com International (CTRP) reported first quarter adjusted earnings of $0.30 per ADS after the close Wednesday, down from $0.32 per ADS last year. The consensus estimate was for EPS of $0.12.

Ctrip.com International gapped up sharply Thursday and climbed further late in the morning. The stock ended the session higher by 6.13 at $29.93, with volume at over a 3-month high. Shares surged past resistance and set a new high for the year.

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