Travel + Leisure misses Q3 revenue estimates, but beats adjusted EPS expectations

Travel + Leisure

22/10/2025 11:11

Corrects headline and overview to say the company beat revenue expectations, and revenue figure in key details table to $1.04 bln from $876 mln

Overview

Travel + Leisure beat analysts' expectations for Q3 revenue, adjusted EPS exceeded estimates

Vacation Ownership revenue increased 6% yr/yr, driven by higher VPG and tours

Company raises full-year Adjusted EBITDA guidance to $965 mln to $985 mln

Outlook

Travel + Leisure raises full-year Adjusted EBITDA guidance to $965 mln-$985 mln

Company increases full-year Gross VOI sales forecast to $2.45 bln-$2.50 bln

VPG guidance updated to $3,250-$3,275 for 2025

Result Drivers

VACATION OWNERSHIP GROWTH - Co's Vacation Ownership revenue rose 6%, with volume per guest up 10% and a 2% rise in tours

NEW INITIATIVES - Launch of Eddie Bauer Adventure Club and new Sports Illustrated Resort to expand brand reach

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight beat
$1.04 bln*
$1.03 bln (10 Analysts)
Q3 Adjusted EPS
Beat
$1.80
$1.73 (9 Analysts)
Q3 Net Income
$111 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

Wall Street's median 12-month price target for Travel + Leisure Co is $70.00, about 13.3% above its October 21 closing price of $60.67

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwbnn8zra

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)