Travel + Leisure Co reports results for the quarter ended in September 30 - Earnings Summary

Travel + Leisure

23/10/2024 14:36

* Travel + Leisure Co  TNL.N  reported quarterly adjusted
earnings
of $1.57​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.54.  The mean expectation of eleven analysts for the
quarter was for earnings of $1.49 per share. Wall Street
expected results to range from $1.43  to $1.59 per share.
    * Revenue rose 0.7% to $993.00 million from a year ago;
analysts
expected $1.01 billion. 
    * Travel + Leisure Co's reported EPS for the quarter was
$1.39​.
    * The company reported quarterly net income of $97 million.
    * Travel + Leisure Co shares had fallen by 1.4% this
quarter and
gained 16.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the hotels,
motels &
cruise lines peer group is also "buy"

Wall Street's median 12-month price target for Travel + Leisure
Co is 55.00 
This summary was machine generated from LSEG data October 23 at
01:36 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.49           1.57           Beat
 Jun. 30 2024      1.40           1.52           Beat
 Mar. 31 2024      0.86           0.97           Beat
 Dec. 31 2023      1.38           1.98           Beat