Investing.com - Huazhu reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Huazhu announced earnings per share of -1.66 on revenue of 1.95B. Analysts polled by Investing.com anticipated EPS of -1.68 on revenue of 1.92B.
Huazhu shares are up 1.15% from the beginning of the year and are trading at 40.53 , down-from-52-week-high.They are under-performing the Nasdaq which is up 23.23% from the start of the year.
Huazhu follows other major Services sector earnings this month
Huazhu's report follows an earnings beat by Alibaba ADR on August 20, who reported EPS of 14.82 on revenue of 153.75B, compared to forecasts EPS of 13.82 on revenue of 148B.
Walmart had beat expectations on August 18 with second quarter EPS of 1.56 on revenue of 137.7B, compared to forecast for EPS of 1.25 on revenue of 135.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar