Street Expectation From Tuniu Corporation ($TOUR) 2Q20 Earnings?

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Tuniu Corporation (NASDAQ:TOUR) is set to announce second quarter earning results on Friday 28th August 2020, before market open.

The Company Outlook

Revenue for 2Q20 are expected in a range of $ 2.90 million ~ $ 10.30 million

Click Here For More Historical Outlooks Of Tuniu Corporation

Previous Quarter Performance

Tuniu Corporation reported loss for the first quarter of $ 0.75 per share, from the revenue of $ 24.57 million. The quarterly revenues reduced 61.69 percent compared with the same quarter last year. Street analysts expected $ 66.71 million. The top line results fell short of analysts by $ 42.14 million or 63.17 percent.

Stock Performance

Shares of Tuniu Corporation traded up $ 0.03 or 2.83 percent on Thursday, reaching $ 1.09 with volume of 374.90 thousand shares. Tuniu Corporation has traded high as $ 1.15 and has cracked $ 1.06 on the downward trend

According to the previous trading day, closing price of $ 1.09, representing a 45.21 % increase from the 52 week low of $ 0.73 and a 69.28 % decrease over the 52 week high of $ 3.45.

The company has a market capital of $ 134.47 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 28th August 2020, to discuss its 2Q20 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.