Notable Calls submits:
Citigroup commented on Ctrip.com (CTRP) following earnings out last night saying they recommend taking advantage of any weakness as a buying opportunity for long-term investors.
Though Ctrip's guidance has historically been conservative, the company lowered YoY revenue growth guidance to "30% for 2Q," but on the call, re-affirmed FY08 guidance of 35%. This lower guidance is primarily attributed to the earthquake in Sichuan, which has impacted travel to the province and dampened overall travel sentiment.
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Anytime
Notable Calls submits:
Citigroup commented on Ctrip.com (CTRP) following earnings out last night saying they recommend taking advantage of any weakness as a buying opportunity for long-term investors.
Though Ctrip's guidance has historically been conservative, the company lowered YoY revenue growth guidance to "30% for 2Q," but on the call, re-affirmed FY08 guidance of 35%. This lower guidance is primarily attributed to the earthquake in Sichuan, which has impacted travel to the province and dampened overall travel sentiment.
Complete Story » ...