Travelzoo TZOO.OQ reported quarterly adjusted earnings of 13 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of four analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 15 cents to 31 cents per share.
Revenue rose 13.1% to $23.91 million from a year ago; analysts expected $23.34 million.
Travelzoo's reported EPS for the quarter was 13 cents.
The company reported quarterly net income of $1.4 million.
Travelzoo shares had risen by 7.6% this quarter and lost 31.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.8% 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 4 "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 $26.50, about 48.3% above its last closing price of $13.70
This summary was machine generated from LSEG data July 23 at 01:32 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)