We Might See A Profit From Tuniu Corporation (NASDAQ:TOUR) Soon [Yahoo! Finance]
Tuniu Corporation - American Depositary Shares (TOUR)
Last tuniu corporation - american depositary shares earnings: 5/26 06:15 am
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ir.tuniu.com
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Source: Yahoo! Finance
Tuniu Corporation operates as an online leisure travel company in China. The US$103m market-cap company posted a loss in its most recent financial year of CN¥99m and a latest trailing-twelve-month loss of CN¥36m shrinking the gap between loss and breakeven. The most pressing concern for investors is Tuniu's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. View our latest analysis for Tuniu Tuniu is bordering on breakeven, according to some American Hospitality analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥112m in 2024. The company is therefore projected to breakeven around a year from now or less! At what rate will the company have to grow in order to realise the consensus estimates forecasting breakeven in under 12 months? Using a line of best fit, we calculated an average annual growth rate of
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News
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024 [Yahoo! Finance]Yahoo! Finance
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024PR Newswire
- Private companies are Tuniu Corporation's (NASDAQ:TOUR) biggest owners and were hit after market cap dropped US$15m [Yahoo! Finance]Yahoo! Finance
- Tuniu Co. (NASDAQ: TOUR) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat