Advertisement
Canada markets close in 4 hours 4 minutes

  • S&P/TSX

    21,997.46
    +125.50 (+0.57%)
     

  • S&P 500

    5,062.26
    +51.66 (+1.03%)
     

  • DOW

    38,436.96
    +196.98 (+0.52%)
     

  • CAD/USD

    0.7313
    +0.0012 (+0.17%)
     

  • CRUDE OIL

    82.65
    +0.75 (+0.92%)
     

  • Bitcoin CAD

    90,958.05
    +752.12 (+0.83%)
     

  • CMC Crypto 200

    1,433.91
    +19.15 (+1.35%)
     

  • GOLD FUTURES

    2,333.90
    -12.50 (-0.53%)
     

  • RUSSELL 2000

    2,001.26
    +33.79 (+1.72%)
     

  • 10-Yr Bond

    4.5900
    -0.0330 (-0.71%)
     

  • NASDAQ

    15,670.70
    +219.39 (+1.42%)
     

  • VOLATILITY

    16.29
    -0.65 (-3.83%)
     

  • FTSE

    8,044.81
    +20.94 (+0.26%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • CAD/EUR

    0.6835
    -0.0015 (-0.22%)
     
MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Travel + Leisure Co. (TNL) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Equity Research
·2 min read

For the quarter ended March 2023, Travel + Leisure Co. (TNL) reported revenue of $879 million, up 8.7% over the same period last year. EPS came in at $0.89, compared to $0.69 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $839.4 million, representing a surprise of +4.72%. The company delivered an EPS surprise of +12.66%, with the consensus EPS estimate being $0.79.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Travel + Leisure Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Revenues- Vacation Ownership: $685 million versus $632.80 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.

  • Net Revenues- Travel and Membership: $200 million versus the five-analyst average estimate of $207.22 million.

  • Adjusted EBITDA- Vacation Ownership: $131 million versus the four-analyst average estimate of $111.19 million.

  • Adjusted EBITDA- Travel and Membership: $71 million versus the four-analyst average estimate of $76.67 million.

View all Key Company Metrics for Travel + Leisure Co. here>>>

Shares of Travel + Leisure Co. have returned +7.9% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Travel + Leisure Co. (TNL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research