Huazhu Group Limited Stock Earnings Reports
Huazhu Group Limited Earnings Calls
Release date | Mar 19, 2025 |
EPS estimate | $0.270 |
EPS actual | - |
Revenue estimate | 5.692B |
Revenue actual | - |
Expected change | +/- 5.65% |
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% |
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% |
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.
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% |
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% |
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% |
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.