Brief: Travel + Leisure Reports Second Quarter 2022 Results

Travel + Leisure

28/07/2022 11:40

July 28 (Reuters) - Travel + Leisure Co  TNL.N :
    * . REPORTS SECOND QUARTER 2022 RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $1.27
    * Q2 EARNINGS PER SHARE $1.16
    * Q2 REVENUE $922 MILLION
    * EXPECTS FULL YEAR ADJUSTED EBITDA FROM $860 MILLION TO
$880
MILLION AND Q3 ADJUSTED EBITDA FROM $230 MILLION TO $240 MILLION
    * MANAGEMENT WILL RECOMMEND A Q3 DIVIDEND OF $0.40 PER SHARE
FOR
APPROVAL BY BOARD OF DIRECTORS
    * BOOKINGS AT OUR VACATION RESORTS IN SECOND HALF OF YEAR
REMAIN
ABOVE 2019
    * SEES GROSS VOI SALES OF $1.9 BILLION TO $2.0 BILLION FOR
FY
    * SEES GROSS VOI SALES OF $530 MILLION TO $550 MILLION FOR
Q3
    * QTRLY NET REVENUES $922 MILLION VERSUS $797 MILLION

Source text for Eikon:  ID:nBw45jzzYa 
Further company coverage:  TNL.N 

 ((Reuters.Briefs@thomsonreuters.com;))