Ctrip.com Beats Q4 Estimates

Ctrip.com International (NASDAQ: CTRP  ) reported Q4 and 2012 results today. For the quarter, the company's revenues were 1.1 billion yuan ($175 million), a gain of 19% on a year-over-year basis. Non-GAAP net income was 306 million ($49 million; $0.35 per diluted share), a 12% decline from Q4 2011. That was, however, much higher than the $0.25 EPS expected by analysts.

For fiscal 2012, Ctrip.com posted net revenues of 4.2 billion yuan ($668 million), 19% higher than 2011's result. Net came in at 1.1 billion yuan ($175 million; $1.28 EPS), 19% lower on a year-over-year basis.

The firm provided guidance for its current quarter, saying that it anticipated year-on-year net revenue growth of around 15%-20%. It did not speculate on profitability.

The company's shares were up by around 3% following the announcement of the results.


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