Tuniu Corporation (NASDAQ:TOUR) Has Found A Path To Profitability [Yahoo! Finance]
Tuniu Corporation - American Depositary Shares (TOUR)
Last tuniu corporation - american depositary shares earnings: 5/26 06:15 am
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US:NASDAQ Investor Relations:
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 announced a latest loss of CN¥99m on 31 December 2023 for its most recent financial year result. The most pressing concern for investors is Tuniu's path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company. See our latest analysis for Tuniu According to some industry analysts covering Tuniu, breakeven is near. They expect the company to post a final loss in 2023, before turning a profit of CN¥67m in 2024. Therefore, the company is expected to breakeven roughly a year from now or less! How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2024? Working backwards from analyst estimates, it turns out that they expect the company to grow 113% year-on-year, on average, which is extremely buoyant. Should the business grow at a slower rate, it will beco
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News
- While public companies own 24% of Tuniu Corporation (NASDAQ:TOUR), private companies are its largest shareholders with 30% ownership [Yahoo! Finance]Yahoo! Finance
- Tuniu Co. (NASDAQ: TOUR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- UniUni closes US$50 Million Series C round led by DCM; funds aimed at U.S. expansionPR Newswire
- Tuniu Co. (NASDAQ: TOUR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Tuniu Co. (NASDAQ: TOUR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
TOUR
Sec Filings
- 4/11/24 - Form SC
- 3/13/24 - Form 6-K
- 2/29/24 - Form 6-K
- TOUR's page on the SEC website