Tuniu Corporation (NASDAQ:TOUR) is expected to report third quarter earnings results, Before Market Open, on Tuesday 1st December 2020.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 12.07 million ~ $ 24.13 million
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Previous Quarter Performance
Tuniu Corporation recorded loss for the second quarter of $ 0.18 per share, from the revenue of $ 4.82 million. Street analysts expected $ 24.95 million. The top line results fell short of analysts by $ 20.13 million or 80.68 percent.
Stock Performance
Shares of Tuniu Corporation traded low $ -0.37 or -11.60 percent on Monday, reaching $ 2.82 with volume of 4.53 million shares. Tuniu Corporation has traded high as $ 3.25 and has cracked $ 2.60 on the downward trend
According to the previous trading day, closing price of $ 2.82, representing a 336.99 % increase from the 52 week low of $ 0.73 and a 29.27 % decrease over the 52 week high of $ 4.51.
The company has a market capital of $ 347.90 million and is part of the Consumer Cyclical sector and Leisure industry.
Conference Call
Tuniu Corporation will be hosting a conference call at 8:00 AM eastern time on 1st December 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tuniu.com
Tuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers. It also provides car rental and insurance services; and advertising services to tourism boards and bureaus.