Huazhu Group Limited Earnings Calls

Q4 2024 (Upcoming)
Release date Mar 19, 2025
EPS estimate $0.270
EPS actual -
Revenue estimate 5.692B
Revenue actual -
Expected change +/- 5.65%
Q3 2024 Missed
$0.610 (-1.61%)
Release date Nov 26, 2024
EPS estimate $0.620
EPS actual $0.610
EPS Surprise -1.61%
Revenue estimate 5.692B
Revenue actual 918.049M
Revenue Surprise -83.87%
Q2 2024 Missed
$0.460 (-11.54%)
Release date Aug 20, 2024
EPS estimate $0.520
EPS actual $0.460
EPS Surprise -11.54%
Revenue estimate 888.24M
Revenue actual 6.148B
Revenue Surprise 592.16%
Q1 2024 Missed
$0.290 (-9.38%)
Release date May 17, 2024
EPS estimate $0.320
EPS actual $0.290
EPS Surprise -9.38%
Revenue estimate 839.8M
Revenue actual 5.278B
Revenue Surprise 528.48%

Last 4 Quarters for Huazhu Group Limited

Below you can see how HTHT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Missed
Release date May 17, 2024
Fiscal end date Mar 31, 2024
Price on release $41.33
EPS estimate $0.320
EPS actual $0.290
EPS surprise -9.38%
Date Price
May 13, 2024 $40.70
May 14, 2024 $41.29
May 15, 2024 $40.64
May 16, 2024 $42.04
May 17, 2024 $41.33
May 20, 2024 $39.72
May 21, 2024 $37.76
May 22, 2024 $36.93
May 23, 2024 $36.05
4 days before 1.55%
4 days after -12.78%
On release day -3.90%
Change in period -11.43%
Q2 2024 Missed
Release date Aug 20, 2024
Fiscal end date Jun 30, 2024
Price on release $27.67
EPS estimate $0.520
EPS actual $0.460
EPS surprise -11.54%
Date Price
Aug 14, 2024 $28.20
Aug 15, 2024 $28.58
Aug 16, 2024 $28.81
Aug 19, 2024 $29.02
Aug 20, 2024 $27.67
Aug 21, 2024 $28.52
Aug 22, 2024 $29.12
Aug 23, 2024 $29.08
Aug 26, 2024 $29.09
4 days before -1.88%
4 days after 5.13%
On release day 3.07%
Change in period 3.16%
Q3 2024 Missed
Release date Nov 26, 2024
Fiscal end date Sep 30, 2024
Price on release $33.10
EPS estimate $0.620
EPS actual $0.610
EPS surprise -1.61%
Date Price
Nov 20, 2024 $36.00
Nov 21, 2024 $35.92
Nov 22, 2024 $35.80
Nov 25, 2024 $35.17
Nov 26, 2024 $33.10
Nov 27, 2024 $32.03
Nov 29, 2024 $32.17
Dec 02, 2024 $32.98
Dec 03, 2024 $32.99
4 days before -8.06%
4 days after -0.332%
On release day -3.23%
Change in period -8.36%
Q4 2024 (Upcoming)
Release date Mar 19, 2025
Fiscal end date Dec 30, 2024
Price on release -
EPS estimate $0.270
EPS actual -
Date Price
Feb 07, 2025 $32.57
Feb 10, 2025 $33.09
Feb 11, 2025 $32.98
Feb 12, 2025 $33.55
Feb 13, 2025 $34.80

Huazhu Group Limited Earnings Call Transcript Summary of Q3 2024

  • Performance Overview:
    • RevPAR Decline: For Legacy-Huazhu, the Revenue per Available Room (RevPAR) fell by 8.1% year-over-year to RMB 256, primarily due to a high base from last year. The Average Daily Rate (ADR) also decreased by 7%.
    • Occupancy Rates: Despite the decline in RevPAR, the occupancy rate remained strong at 84.9%, a minor decline from the previous year.
  • Expansion and Closures:
    • Hotel Openings: H World opened a record 774 hotels in the third quarter, continuing its aggressive expansion strategy.
    • Quality Focus: The company closed 217 hotels (including 123 low-quality outlets) to maintain quality standards.
    • Pipeline Status: The number of hotels in the pipeline reduced slightly to 2,899 due to rapid openings and strategic closures.
  • Market Positioning:
    • Segment Focus: The company targets the economy and mid-scale segments, which constitute a majority of its hotel operations (91% of the portfolio).
    • Geographic Strategy: 42% of operational hotels are located in Tier 3 cities, with a notable increase in lower-tier cities reflecting continued market penetration.
  • B2B and Membership Growth:
    • B2B Expansion: Room nights booked through the direct B2B platform rose by 41% YOY, indicating strong improvement in corporate sales capabilities.
    • Member Base Increase: H Rewards membership neared 260 million, with continued investment in enhancing member retention and sales capabilities.
  • International Business Updates:
    • RevPAR Growth: The blended average daily rate from Deutsche Hospitality (DH) increased by 2.5% YOY, contributing to a 3.7% rise in RevPAR despite restructuring costs impacting profits.
  • Financial Highlights:
    • Revenue Growth: Overall turnover was RMB 26 billion, an 11% increase YOY, driven predominantly by hotel turnover growth in Legacy-Huazhu.
    • Operating Performance: Income from operations saw a 10% decline YOY, leading to an adjusted EBITDA decrease of 9.5% to RMB 2.1 billion.
    • Cash Position: At the end of Q3 2024, H World maintained a solid cash position of RMB 9.3 billion and remained net cash positive.
  • Shareholder Returns: The company bought back approximately USD 270 million worth of shares year-to-date and returned around USD 470 million to shareholders through dividends and repurchases.
  • Guidance: For Q4 2024, the company anticipates revenue growth between 1% and 5% despite ongoing RevPAR pressures and the continuation of hotel closures as part of its asset-light strategy.

Conclusion

H World Group is showing a commitment to quality over sheer expansion, with significant hotel openings complemented by strategic closures. The focus on emerging markets and segments, coupled with robust B2B capabilities and a strong membership base, positions the company for stable growth despite current headwinds in revenue per room. Investors should monitor ongoing strategic adjustments and market conditions as H World navigates through the challenging landscape.

Huazhu Group Limited Earnings History

Earnings Calendar

FAQ

When is the earnings report for HTHT?
Huazhu Group Limited (HTHT) has scheduled its earnings report for Mar 19, 2025 before the markets open.

What is the HTHT price-to-earnings (P/E) ratio?
HTHT P/E ratio as of Feb 13, 2025 (TTM) is 14.29.

What is the HTHT EPS forecast?
The forecasted EPS (Earnings Per Share) for Huazhu Group Limited (HTHT) for the first fiscal quarter 2024 is $0.270.

What are Huazhu Group Limited's retained earnings?
On its balance sheet, Huazhu Group Limited reported retained earnings of $918.05 million for the latest quarter ending Sep 30, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT HUAZHU GROUP LIMITED
Huazhu Group Limited
H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, J...
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