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Tuniu Corporatio ADR Down 6.25% To $0.56 After Earnings

Thursday, June 09, 2022 03:08 PM | InvestorsObserver Analysts

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Tuniu Corporatio ADR Down 6.25% To $0.56 After Earnings

Tuniu Corp (TOUR) missed earnings projections on 6/9/2022 for Q1 2022.

The company reported an EPS loss of $0.06 per share. The firm reported an EPS loss of $0.06 per share in the year-ago quarter. The neutral in Tuniu Corporatio ADR's annual growth rate represents how the business is performing neutrally amid recent economic conditions.

Revenues were upbeat at $6.5 million. That revenue figure represents a 44.58% decrease from the year ago quarter.

The stock is down 6.25% to $0.56 after the report.



Trading in the five days leading up to the report earned Tuniu Corporatio ADR a Bullish Sentiment Rank from InvestorsObserver.

Tuniu Corporatio ADR has performed poorly during the past few months, garnering a low Long-Term Technical Rank by InvestorsObserver of 19, putting Tuniu Corporatio ADR in the bottom 25% of stocks. The firm was recently trading at a 52-week low of $0.46 on May 12, 2022 and set a 52-week high on June 14, 2021 at $3.07.

Tuniu Corp is an online leisure travel company. The company is primarily engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China.

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