Travelzoo jumps on earnings beat, upbeat Q3 outlook

Travelzoo

21/07/2021 15:03

** Shares of the online media company  TZOO.O  jump 18.8% to
a near three-week high at $14.5
    ** Co reports Q2 earnings of 22 cents per share against
estimates of 6 cents per share - Refinitiv IBES
    ** Co also beats revenue expectations at $19.1 mln v/s $16.4
mln
    ** Currently sees higher revenue and profitability for Q3
    ** Co has beat earnings estimates in the past five
consecutive quarters
    ** Three brokerages rate the stock "buy" or higher with
their median PT at $21
    ** Up to Tuesday's close, stock has gained 29% YTD

 (Reporting by Shashank Nayar in Bengaluru)
 ((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223
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