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

Travelzoo

24/04/2024 14:32

* Travelzoo  TZOO.OQ  reported quarterly adjusted earnings
of 31
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 23
cents.  The mean expectation of three analysts for the quarter
was for earnings of 30 cents per share. Wall Street expected
results to range from 25 cents to 32 cents per share.
    * Revenue rose 1.8% to $21.99 million from a year ago;
analysts
expected $23.70 million. 
    * Travelzoo's reported EPS for the quarter was 31 cents​.
    * The company reported quarterly net income of $4.24
million.
    * Travelzoo shares had fallen by 8.3% this quarter and
lost 2.1%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 17.6%
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
$14.00 
This summary was machine generated from LSEG data April 24 at
01:31 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
 Mar. 31 2024      0.30           0.31           Beat
 Dec. 31 2023      0.23           0.27           Beat
 Sep. 30 2023      0.09           0.16           Beat
 Jun. 30 2023      0.19           0.17           Missed