Travelzoo reports results for the quarter ended in June - Earnings Summary

Travelzoo

25/07/2024 14:52

* Travelzoo  TZOO.OQ  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 17
cents.  The mean expectation of three analysts for the quarter
was for earnings of 22 cents per share. Wall Street expected
results to range from 18 cents to 29 cents per share.
    * Revenue rose 0.1% to $21.14 million from a year ago;
analysts
expected $21.72 million. 
    * Travelzoo's reported EPS for the quarter was 23 cents​.
    * The company reported quarterly net income of $2.93
million.
    * Travelzoo shares had risen by 14.8% this quarter and
lost 8.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.5%
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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Travelzoo is
$13.00 
This summary was machine generated from LSEG data July 25 at
01:52 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
 Jun. 30 2024      0.22           0.23           Beat
 Mar. 31 2024      0.30           0.31           Beat
 Dec. 31 2023      0.23           0.27           Beat
 Sep. 30 2023      0.09           0.16           Beat